#Altcoin Season
$GALA Daily Analysis
Let's break down what's happening with $GALA:
The price is currently holding strong above the Minor Support at 0.05574. As long as this level holds, there's a solid chance we'll see a move toward:
Target 1(or resistance 1): 0.07238
Target 2(or resistance 2): 0.09123
But here's the deal:
If the price starts dropping below 0.05574, things might get tricky. The next key support levels to keep an eye on are:
Major Support: 0.03984
MA25 Support: 0.04048
For Long-Term Traders:
Use 0.03984-0.04048 as your stop-loss levels to protect your position.
What's Next?
If $GALA stays above 0.05574, the bulls are likely to stay in control, and we might see some exciting upside action. But if that level breaks, be prepared for a potential dip toward the lower supports, which could be great accumulation zones for long-term holders.
✔ My advice?
Keep it simple-follow the supports and targets closely and adapt your strategy as needed.
#GALA #CryptoTrading #AltcoinAnalysis
