$GALA Coin Liquidation Alert
š Long Liquidation of $1.1133K occurred at the critical price level of $0.03883.
The market has delivered a sudden blow to those who thought the price would continue upwards. As the sell-off intensifies, long positions worth over $1.1K were liquidated as GALAās price took a sharp dip.
š„ Whatās Happening with GALA?
The $0.03883 level is crucial, and its breach has triggered liquidations.
Volatility is at a peakātraders should expect further fluctuations in the short term.
š Risk Considerations
A downtrend seems possible if selling pressure continues. Bulls will need to step in to stabilize the price.
The short-term trend will heavily depend on whether this price level holds or fails further.
ā ļø Potential Upside/Downside:
Upside: If the market rebounds, $0.04 could act as a target for a potential recovery.
Downside: A deeper sell-off could take GALA closer to the $0.035 mark.
ā³ Key Takeaway: Keep a close eye on market dynamics and manage your positions carefully. Liquidations are just a reminder that volatility can change everything in a flash. Donāt get caught off-guard!