Current price: 0.03798
Key point: 0.03396
Our preferred direction: buying positions above 0.03396 levels, targeting 0.0480 as a first target, then 0.0593 as a second target.
Alternative scenario: stop loss and change direction by breaking 0.03396, targeting 0.03003 levels.
Technical comment
GALA currency price reached the support levels 0.03396-0.03004, with the lower boundary of the descending price channel from the top of last January, so it is expected to rise again to levels 0.0480-0.0593