GALA target position analysis
In this round of bull market, $GALA formed a three-wave structure.
The first wave rose by about 7 times, which is not small, but the second wave had a large correction, almost completely falling back to the starting point of the first wave.
This shows that $GALA is not a strong currency, so the subsequent rise expectations should not be too high.
It is expected that the end point of the third wave will most likely be at the upper edge of the channel, and the target position is set between 0.1 and 0.11.
