$GALA

The recent Gala price surge, with over a 90% gain in two days, has rewarded many investors, while leaving nearly half underwater, awaiting a challenging rally.

The price reached $0.076, with 48% of holders profiting. However, those who bought near the all-time high need a 750% price increase to profit.

Whales have started selling, offloading over 30 million GALA, dampening prospects for further gains. The 30-day MVRV ratio at 88% suggests potential profit-taking, with historical patterns indicating a risk of significant corrections.

Gala may correct further, potentially dropping to $0.06, but holding off on selling could push it past $0.072 resistance to possibly $0.10, challenging the bearish outlook.