Analysis of GALA's market today:
In the 1-2 hour level, the market is obviously dominated by the short side; when it turns to the 4-hour level, purple dots appear, which is a short buying point.
Today's market focus is on the key point of 0.01630 at the 4-hour level.
If the price can stand firmly above 0.01630, the long side will actively flow in, and the upper resistance area focuses on the three key levels of 0.01658, 0.01674 and 0.01686.
On the contrary, if the price fails to stand firm at this price, the short side may take advantage of the situation to counterattack. At this time, special attention should be paid to the lower support levels of 0.01611, 0.01594 and 0.01581.
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