🚨 $GALA WEAKENING – BEARS IN CONTROL 📉
GALA is trading at $0.01775
Struggling to maintain momentum after a recent drop to $0.01604.
The bearish trend continues as sellers dominate
With weak buying pressure failing to reverse the downtrend.
📊 Key Levels to Watch
🔻 Support: $0.01604 – If broken, expect a slide toward $0.01512.
🔺 Resistance: $0.01814 – Bulls need to reclaim this to regain control.
⚠️ Trade Setup – Bearish Outlook
📉 Short Entry: Below $0.01750, targeting $0.01650 – $0.01512.
🚨 Stop-Loss: Above $0.01850 to limit potential losses.
🔎 Market Insights
MACD Bearish Divergence: Signals continued downward pressure.
Falling Moving Averages: 7MA and 25MA sloping downward, reinforcing the sell-off.
Low RSI & Weak Volume: Indicates lack of strong buying interest.
A breakdown below $0.016 could trigger further downside. Stay cautious!
