GALA/USDT Keep an eye backtest on the demand, Could GALA Bounce?

💎 GALA has recently displayed noteworthy market dynamics, experiencing rejection and potentially retracing back to test the demand area around $0.038.

💎 If this retracement holds, there's a probability that GALA will bounce from the demand area and resume its upward movement toward our target zone.

💎 However, should GALA fail to find support at the demand area and instead break below it, the next significant level to watch for is the support area.

💎 GALA needs to bounce from the support area and reclaim territory above the previous supply levels if it intends to maintain its upward trajectory.

💎 Failure to do so could confirm a reversal back to a bearish trend, potentially leading to further downward movement in price.