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GALA breaks through key patterns, and investor sentiment changes

Source: CoinWorld
The GALA token breaks through the symmetrical triangle pattern after a few weeks of trading near key support levels, indicating a rekindled investor interest and contains potential upward momentum. Technical analysts pointed out that the breakthrough occurred as the asset holds key support levels, indicating a shift in short-term market sentiment. On-chain data shows that wallet transactions and liquidity inflows have increased, providing structural support for prices. However, broader cryptocurrency market conditions and macroeconomic factors remain key determinants of its continued rise.
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