Here’s a quick breakdown of the $GALA /USDT (Perpetual Futures) setup:

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Current Market Overview:

Last Price: $0.01494

Mark Price: $0.01494

24h High: $0.01527

24h Low: $0.01410

24h Volume:

GALA: 4.04B

USDT: $59.62M

24h Change: -1.19%

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Key Technical Levels:

Resistance Zone: $0.01514 – $0.01531

Support Zone: $0.01448 – $0.01410

Volume Spike: Volumes are high, indicating possible bounce or breakdown soon.

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Moving Averages:

MA(7): $0.01482 (price above — short-term bullish)

MA(25): $0.01494 (equal to current price — neutral zone)

MA(99): $0.01475 (long-term support)

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Trade Setup Ideas:

For Long Entry (Bounce Play):

Entry Zone: $0.01450 – $0.01470

Stop Loss: Below $0.01410

Targets:

TP1: $0.01494

TP2: $0.01527

TP3: $0.01550+ (if momentum builds)

For Short Entry (Rejection Play):

Entry Zone: $0.01520 – $0.01530

Stop Loss: Above $0.01540

Targets:

TP1: $0.01480

TP2: $0.01440

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Summary:

GALA is consolidating near resistance after a small retrace.

Watch for volume confirmation and price action near $0.01530 — rejection or breakout.

Neutral to slightly bullish bias if support holds.

Want me to chart it or analyze with indicators like RSI/MACD/fibs?

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