Market Overview for Gala/Tether (GALAUSDT) on 2025-12-13

Summary
• GALAUSDT rose from $0.0069 to $0.00714, forming bullish patterns and testing key resistances.
• Price remained above 20-period MA with positive MACD, indicating upward momentum.
• Bollinger Band expansion suggests increased volatility, with price near the upper band.
• Volume and turnover increased significantly after 22:00 ET, supporting higher highs.
• RSI edged into overbought territory, hinting at possible near-term correction risks.

Gala/Tether (GALAUSDT) opened at $0.0069 on 2025-12-12 at 12:00 ET and closed at $0.00714 by 12:00 ET on 2025-12-13. The pair reached a high of $0.00723 and a low of $0.00689 during the 24-hour period. Total volume amounted to 73,418,918.0, with a notional turnover of approximately $515,665.

Structure and Candlestick Formations

The 5-minute chart displayed a series of bullish continuation patterns, including a key higher high near $0.00723 formed on rising volume. Price action suggested buyers regained control after a brief pullback around $0.00711.

Price action suggested buyers regained control after a brief pullback around $0.00711. A strong bullish engulfing pattern emerged at 03:30 ET, marking a turning point as the price trended upward for most of the session.

Moving Averages and Momentum

The price remained above both the 20-period and 50-period moving averages, reinforcing the bullish bias. MACD lines turned positive after 22:00 ET, confirming the upward trend, while RSI edged toward overbought territory near 70, signaling possible near-term profit-taking.

Volatility and Bollinger Bands

Bollinger Band volatility expanded significantly after 22:00 ET as the price moved to the upper band. This suggests growing momentum and a continuation of the bullish trend. However, a pullback near the mid-band around $0.0071 could offer a strategic entry for traders expecting further upside.

Volume and Turnover Insights

Volume surged past 7 million on the 5-minute chart after 03:30 ET, coinciding with the higher high at $0.00723. The increase in notional turnover from mid-session onward confirmed strong conviction in the upward move. A divergence in volume between the morning and afternoon periods suggested a possible shift in short-term positioning.

Fibonacci and Key Levels

Fibonacci retracement levels showed the price held above the 61.8% retracement level at $0.00711 and approached the 78.6% level at $0.00722. A breakout above $0.00723 may target the next psychological level at $0.0073, but a retest of $0.00715–0.00717 is likely before further progress.

The price may consolidate near key resistance levels over the next 24 hours, with a risk of a short-term pullback if volume weakens. Investors should watch for a confirmation candle above $0.00723 for a stronger bullish signal.