🚨 $GALA at the edge: Is the drop coming or a sudden breakout? 📉📈
$GALA is facing real pressure after a series of rejections at the downward trend line. The price is currently trapped below the 50 and 200 moving averages, reflecting the weakness of current momentum.
🔍 Current situation:
• Price: 0.01688
• Below 50 EMA @ 0.01645
• Below 200 EMA @ 0.01662
📉 Liquidity areas to watch:
• First support: 0.0158–0.0160
• Deeper liquidity: 0.01429 and 0.01350
📈 When does the trend change?
A clear breakout above the trend line = a quick move towards 0.018+
⚠️ Stoch RSI indicator is still in the overbought zone → potential short correction.
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