$GALA
Technical analysis for the GALA/USDT
The 7 EMA is above the 25 EMA and 99 EMA, confirming a bullish trend.The widening gap between the EMAs indicates strengthening upward momentum.
The price has broken above key resistance levels, with the latest candle trading at $0.03052, showing a 15.39% increase in 24 hours. The higher highs and higher lows in recent candles suggest the continuation of the uptrend.
MACD line is above the signal line, confirming a bullish momentum.
Positive histogram bars further validate growing buying pressure.
Trading volume has significantly increased, which supports the price breakout. High volume confirms market participants' confidence in the move.