$GALA GALA Today's Market Analysis:
The current 1-hour, 2-hour and 4-hour levels all clearly show a bearish trend, and the daily line also tends to be bearish.
For investors with long positions and strong desire to buy at the bottom, it is recommended to remain calm and not to act impulsively!
Observing the daily line, as long as the price remains below 0.02349, the overall market will maintain a bearish trend.
In the short term, especially at the 4-hour level, if the market rebound fails to effectively break through key resistance levels such as 0.02365, 0.02394 and 0.02426, the bearish trend is expected to continue.
The target of this round of short operations can be set near 0.02299 and 0.02267.
For investors who already hold spot short positions, it is recommended to increase positions in batches near 0.02267 and 0.02245, and use the price correction opportunity to layout to capture more profit space.
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