📉 GALA in Deep Downtrend – Is a Breakout Coming or More Pain Ahead? 🚨🔥

GALA is currently trading at $0.01976, stuck inside a long-term descending channel on the weekly chart. The chart shows that bears are still in control, but is there a breakout on the horizon? Let’s break it down 👇

🔍 Current Overview

📊 Price: $0.01976

🔻 Trend: Long-term downtrend within a descending channel

📉 Volume: Decreasing lately – less momentum

🟡 Last bounce: Seen at the lower boundary of the channel (late 2024)

$GALA

🧱 Key Support Levels

$0.01812 ✅

$0.01677

$0.01565

$0.01455

$0.01248 🔻

If these break, GALA may revisit channel lows again 😬

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🛑 Resistance Zones

🧱 Immediate: $0.02115

🔺 Next major zones:

$0.03300

$0.04880

$0.08635 – $0.09000 (Strong historical barrier)

🔮 What’s Next for GALA?

📉 1. More Downside? (Most Likely)

As long as GALA stays inside this descending channel, downtrend remains dominant

If support at $0.01812 breaks, expect a drop towards $0.01565–$0.01248

🔄 2. Sideways Move

Price could consolidate between $0.018–$0.021 before deciding direction

Low volume = likely ranging zone

🚀 3. Breakout Potential?

A bullish breakout would require:

Strong move above $0.02115

Volume spike + market support

If confirmed, upside targets: $0.03300, $0.04880

⚠️ Final Take:

GALA is in a critical zone.

While the trend is bearish, watch for a breakout above $0.02115 if sentiment improves.

Until then, this is a downtrend trader’s market, not a moon mission… yet 🚀

🧠 Always DYOR – weekly charts take time to play out!

#cryptouniverseofficial