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Technical analysis by ALSHIHRY about Symbol GALA: Buy recommendation (4/21/2025)

https://sahmeto.com/message/3432296
ALSHIHRY
ALSHIHRY
Rank: 2743
2.2
Buy،Technical،ALSHIHRY

On the weekly chart, GALA shows signs that may indicate:•Formation of a price base: The price is moving within a narrow range after a prolonged downtrend, suggesting a possible end to the distribution phase.•Increase in trading volume: Recent price rises have been accompanied by increased volume, supporting the idea of accumulation.•Resistance breakout attempts: The price is testing previous resistance levels, which may confirm a transition into a new phase.⸻📊 Technical Indicators•RSI (Relative Strength Index): Around 61, indicating bullish momentum without entering the overbought zone.•MACD: Showing positive signals with bullish crossovers.•Overall technical outlook: Suggests the potential continuation of the uptrend if current breakout attempts are confirmed.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$0.0827
Stop Loss Price
$0.01307
Price at Publish Time:
$0.015867
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