POSITION: SHORT
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This GALA/USDT 1-hour chart shows a Double Top pattern near $0.01567, signaling a bearish reversal. The projected target is around $0.01432, implying a potential 4.49% drop. Red and green zones mark supply and demand areas where price may react or consolidate during the move down.
This 1-hour chart of the crypto market cap (excluding BTC and ETH) shows a bearish trend. Price broke below a key trendline and retested a resistance zone. A supply zone rejected price near $809B, and a bearish fair value gap suggests further downside, as indicated by the blue downward arrow.
