š$GALA

GALAUSDT
Perp
0.00712
-5.31%
BEARISH TECHNICAL ANALYSIS ā DOWNSIDE PRESSURE IN FOCUS
$GALA is facing resistance near 0.00796 and forming lower highs, indicating a potential continuation of the bearish trend. Selling momentum is gradually increasing, and the price may test critical support levels in the near term. Traders can consider short positions while keeping an eye on any reversal signals.
KEY LEVELS
⢠TP1: 0.00730
⢠TP2: 0.00710
⢠SL: 0.00800
RISK MANAGEMENT: Trade with a maximum of 2% risk per position, use stop-loss to limit losses, and monitor price action for trend invalidation.