GALA is currently consolidating within a downward trend channel and approaching a critical support level near $0.01830.
A successful defense of this level could ignite a bullish breakout, propelling the price towards the upper channel resistance at $0.03200.
Overcoming this resistance would mark a significant bullish reversal, potentially opening the door for a substantial price increase. However, a rejection at $0.03200 could lead to a retest of the recent support level.
If GALA fails to hold the $0.01400 support, it could signal a continuation of the bearish trend.
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