GALA Technical Analysis in Daily Timeframe

28 Jul

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Now, let’s dive into this chart analysis:

GGALA is currently showing a rebound, holding support at $0.0205, and it is likely to rally once we see a breakout and close above the $0.033 resistance trendline.

The 35 EMA is acting as the primary resistance for GALA, and it must break above it to continue the rally.

Key levels:

- Crucial Support: $0.0205.
- Primary Resistance: 35 EMA ($0.02565).
- Resistance Trendline: $0.033.
- Target: $0.0867.
- Invalidation Point: A close below $0.0205.

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