GALAUSD Buy/Sell | S6T2 - Team Trading Post for Team Frontline

I am glad to join Team Frontline and I will try my level best to add value to the team and we will win the Contest.

1.) Name and introduction of the project token.

Gala is a Metaverse game that aims to take the gaming industry to the next level it was founded in the year 2018 by Eric Schiermeyer. Initially Gala wasn't famous at all but in the Metaverse trend, it become the favorite of Investors, Whales, Retailers. Gala works on the concept of Proof of Stake, Proof of Work & Proof of Storage that allows users to even Mine Gala token by purchasing Nodes and anyone want to play the game or by characters need to have Gala tokens. Gala is one of the top Metaverse Gaming projects which performed really well in the Metaverse trend along with Mana.

Currently Gala has around 9 games that we can play and more developers are going on to bring some more crazy stuff to the market. To play these games we need to create an account and hold some Gala tokens. The gala team raised funds for the NFTs as well and there is a section on the website named "Store" where you can buy NFTs and equipment that you may need in the game. So the future of the Gala token is very bright and currently, it has a very good market cap as well.

2.) Why are you optimistic about this Token today, and how long do you think it can rise?

As per the market sentiments currently, most of the major coins are sitting at their Major support zone and BTC is also starting to make positive once it will be stable Metaverse project would be the first to pump in the market. Gala is famous for its wild move apart from it Gala has an active development team and they are working on the development of the project also positing the updates. As compared to other coins like Axie Inifty and Mana, Gala has a great potential to higher in the future. Gala is bullish from the Technical point of view as well and ready for the next leg up.

3.) Technical Analysis

I would like to do the Multi timeframe analysis.
GALA/USD, 1W
Gala is trading at a very crucial level and it is not only a demand zone but also weekly trend line support.

GALA/USD, 1D
On the daily timeframe, we can see Gala is trading in a Triangle, and as soon as it will break it gonna be the moon. It will give breakout very soon and we are a little bit early here for the Good Risk Reward.

GALA/USD, 1 hr-
Even on the Hourly timeframe, the Gala is looking interesting, and very soon it is going to break the triangle.

Entry Price: $0.2671
Stoploss: $0.1927(Daily close below)
Target: $0.3850

4.) Your plan to hold it for a long time or when to sell?

Gala is a Strong project with a great team and I would like to hold Gala for at least 1:2 Risk reward. However, if you are going to buy this for the next bull cycle then definitely it has the potential to give you 50-100% profit easily it just BTC should give the green signal. Currently, it is listed on rank 56 as per the market cap also listed on all the major exchanges like Binance, Kucoin, Bybit etc.

5.) Do you recommend everyone to buy and the reasons for recommending/not recommending

Yes, Gala can be a good pick for short-term trading and if you are looking for Long then I would highly suggest you to grab this coin in every dip and always buy in parts with small qty. As per my experience Gala outperforms the market and once it will break the triangle it gonna be a huge up move.

6.) Anything else you want to share about the token/project.

The gaming Industry booming especially blockchain-based games and Gala has the potential to lead the market. The community behind the project is good and so many big players have an eye on Gala sooner or later it is going to be in the top 20 coins. The team is working in the space of NFTs as well and both are trends in the market that will give an edge as compared to any other project in this segment.

Learn more about the project-

Website-https://app.gala.games/
Twitter- https://twitter.com/GoGalaGames
WhitePaper-

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cc- @abdu.navi03 @shemul21