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After a 94% fall, what's next?
GALA / TetherUS
After a 94% fall, what's next?
By Rhaonnor
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Jun 7, 2022
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Jun 7, 2022
Gala is one of the – promised – cryptos that affected most in this bear market, considering that fell 94% since November 2021.
What’s next?
There are two main short-term S/R levels to watch.
If $0.07 support breaks, that will be … a disaster as it’s expected a (29 – 38) % drop.
On the other hand, if $0.095 breaks we may see a 55% surge max.
And that’s an optimistic scenario.
bearmarket
breakout
consolidation
recover
supply_and_demand
Supply and Demand
Support and Resistance
supportandresistancezones
Volume
Rhaonnor
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