$GALA /USDT – Breakdown Confirmed! Bears in Control
Current Price: $0.02036 (−7.91%)
$GALA just slipped below the key short-term support and continues to show weakness.
Market Structure:
24H High: $0.02244
24H Low: $0.02004
Continuous lower highs & lower lows on the 30m chart.
Key Levels:
Resistance: $0.02120 – $0.02180
Support: $0.02000 (critical psychological level)
Short Trade Setup:
Entry Zone: $0.02050 – $0.02080 (retest)
TP1: $0.02000
TP2: $0.01920
Stop Loss: $0.02140
Market Insight:
The momentum is clearly bearish, with sellers aggressively defending any bounce. A drop below $0.02000 could accelerate downside.
Pro Tip:
Only short on retests. Don’t chase – let the price come to resistance. Look for confirmation with volume spikes.
Bearish Bias Active – Eyes on Breakdown!