Gala (GALA) has experienced a significant decline in value over the past month, with a 35% weekly drop. This has caused investor confidence to waver, and bears currently hold control of the market. Gala's price has fallen to its lowest level in four weeks, reaching $0.032. The key support level to watch is $0.03, which could potentially spark bullish momentum if defended strongly. However, a deeper correction could drive the price down to $0.02. Reclaiming $0.0405 may indicate a potential recovery, while breaking above $0.055 could lead to further gains. Traders should remain vigilant as the market's direction in the coming days will determine whether a reversal or more losses are on the horizon.
- Content Editor ( cryptonewsland.com )
- 2024-12-23
GALA Sees 35% Weekly Decline Amid Regulatory Challenges