GALA had a huge massive runup from .10 to .70, a 7x gain in a short amount of time, so its looking like it may have topped out for now. Its Galaverse conference is over, and typically we see a "buy the rumor, sell the news" event in these cases. GALA is under its 8-day and 21-day moving average on daily timeframe, with 8-day below the 21-day. It tried to re-gain some upward momentum and has been in this uptrending channel but broke down out of it. As of right now I see this possibly retesting any of the 3 support/demand zones outlines below. A move higher back into the channel would change my mind and flip back bullish
Note
still breaking down, descending triangle broke. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.