Image of MUSIC
MUSICGala Music
$0.003546
0.00%
1D

Gala Music Analysis

Investment Score
A quick view into Gala Music's investment prospects.
7.6

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Quiet
Confidence: 76%
Why this state?
  • MUSIC is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
MUSIC is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 73.46, which points to stretched upside momentum.
Volatility
Quiet
MUSIC ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.006678 - $0.009104
Active zone
$0.00 - $0.004503
Support zone
$0.001120 - $0.003546
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

Gala Music support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.001120 - $0.003546
Resistance zone
$0.006678 - $0.009104
Active zone
$0.00 - $0.004503
Levels Table
LevelZoneStrength
Support 1$0.001120 - $0.003546
Resistance 1$0.006678 - $0.009104
Resistance 2$0.009266 - $0.01383
Resistance 3$0.01553 - $0.01796
Resistance 4$0.02369 - $0.02812
Active 1$0.00 - $0.004503
Scenario Analysis
Bullish scenario

MUSIC clears the resistance zone at $0.006678 - $0.009104 and holds above it. That would strengthen the breakout case and shift attention to $0.009266 - $0.01383.

Bearish scenario

MUSIC loses the support zone at $0.001120 - $0.003546. That would weaken the setup and open the way toward $0.001120 - $0.003546.

Neutral scenario

MUSIC continues trading between $0.003546 and $0.006678. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.003546
Bullish
MUSIC is trading above the 50-day average.
SMA200
$0.003386
Bullish
MUSIC remains above the long-term trend line.
EMA50
$0.003436
Bullish
MUSIC is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.004021
Bearish
MUSIC is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
73.46
Overbought
RSI (14) is elevated at 73.46, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
100.00
Overbought
Stoch RSI (14) is high at 100.00, which shows momentum is pressing near its recent upper extreme.
MACD
0.00002332
Bearish
MACD is below its signal line.
ATR
0.00%
Quiet
Volatility is below its 180-day median.
VWMA
$0.003546
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
0.00
Neutral
CCI (20) is at 0.00, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₁₇2168
Bullish
Awesome Oscillator is above zero at $0.0₁₇2168, which supports bullish momentum.
Williams Percent Range (14)
0.00
Overbought
Williams Percent Range (14) is near the top of its recent range at 0.00.
Bull Bear Power (13)
$0.0₆4426
Bullish
Bull Bear Power (13) is positive at $0.0₆4426, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
0.00
Oversold
Ultimate Oscillator is weak at 0.00, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.003546
Bullish
MUSIC is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.003546
Bullish
MUSIC is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Gala Music

Over the past 7 days, Gala Music price was most positively correlated with the price of LEO Token (LEO), Uniswap (UNI), Decred (DCR), Jupiter (JUP) and Binance Coin (BNB) and most negatively correlated with the price of Polygon Ecosystem Token (POL), Official Trump (TRUMP), Floki Inu (FLOKI), Bitcoin SV (BSV) and Aptos (APT).

Positively Correlated Currencies
NameCorrelation
Image of LEO TokenLEO Token0.632
Image of UniswapUniswap0.483
Image of DecredDecred0.473
Image of JupiterJupiter0.445
Image of Binance CoinBinance Coin0.385
Negatively Correlated Currencies
NameCorrelation
Image of Polygon Ecosystem TokenPolygon Ecosystem Token-0.885
Image of Official TrumpOfficial Trump-0.882
Image of Floki InuFloki Inu-0.881
Image of Bitcoin SVBitcoin SV-0.869
Image of AptosAptos-0.867

Gala Music price is negatively correlated with the top 10 coins by market cap with a price of -0.486, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.479. Currencies that are positively correlated with Gala Music indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Gala Music, a move in one direction for Gala Music would translate into a move in the opposite direction for the negatively correlated coin.

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