GALA/USDT Analysis: Head and Shoulders Pattern in Play
đ Technical Overview
The GALA/USDT daily chart is displaying a potential Head and Shoulders (H&S) pattern, a well-known technical indicator often associated with trend reversals. This pattern suggests a possible shift from the bullish momentum witnessed earlier this year to a bearish outlook if key support levels are breached. Here's a deeper dive into the current situation:
đ Pattern Breakdown