🔻 $GALA – Are we about to break down?
📉 On the hourly timeframe, the price is forming a descending wedge – a pattern that warns of a potential correction.
🧠 The price recently rejected from EMA200, reinforcing the short-term bearish scenario.
📍 Levels to watch:
• Initial support: 0.0158
• Strong liquidity area: 0.0145 (may attract a bounce)
🚨 In case of a clear break of the wedge, the bearish momentum may accelerate quickly.
📈 Buyer reaction from support will be an important signal for a potential reversal.
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