$GALA /USDT BEARISH STRUCTURE CONTINUES
$GALA is firmly stuck in a downtrend channel, continuously forming lower highs and lower lows. After a failed breakout near $0.01828, the market quickly reversed, confirming resistance and accelerating the sell-off. The chart clearly shows that each pullback is being sold into, signaling strong bearish control.
Price Action Breakdown:
Major High: $0.02184
Failed Breakout Level: $0.01991
Recent Pullback Rejection: $0.01828
Key Support: ~$0.01550
Short-Term Resistance: ~$0.01680
Trade Setup (Short Bias):
Entry Zone: $0.01660 ā $0.01680 (on rejection)
Target 1 (TP1): $0.01560
Target 2 (TP2): $0.01490
Stop Loss (SL): $0.01720
Until $GALA breaks the bearish structure and holds above $0.01760, all rallies are likely short-lived dead-cat bounces.