Rhaonnor

After a 94% fall, what's next?

BINANCE:GALAUSDT   GALA / TetherUS
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.
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