GALA/USDT โ€“ History Repeats? Strong Base Holding Up Again

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๐Ÿ“‰ Descending Channels Breaking Into Rallies
Every major downtrend since early 2022 has led to a sharp rebound once GALA hit the strong support around $0.012. The current price action mirrors the previous patterns:

๐Ÿ”ป Descending channel

๐Ÿ”ด Strong base retest

๐Ÿš€ Breakout and rally afterward

We're currently testing this same base for the fourth time, and price just bounced with a green weekly candle, signaling potential accumulation and weakening selling pressure.

๐Ÿ”ฎ What to Watch For:

Break above the downtrend line (~$0.016) = confirmation

First target: $0.030

Second target: $0.080 (mid-range historical level)

โš ๏ธ Risk Management

If the $0.012 base breaks with volume, invalidation likely.

Stop-loss below $0.0115 recommended for tight risk control.

๐Ÿ“Œ TL;DR: GALA is repeating a multi-phase bottoming pattern. The support zone is still respected, and momentum is shifting. A breakout here could signal a mid-term reversal.

Penafian

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