Captured By Arun Kunchumuthu / 2:08 pm on 21 December 2021
In the 4-hour time frame chart, the GALA token price falls below the 200 EMA. This pair is now undergoing a retracement, resulting in a 50% decrease on the token's value. The price recently broke down from a descending triangle formation, indicating that the downtrend will continue. With a bullish engulfing candle on December 11th, the price attempted but failed to cross the $0.615 resistance.
