$GALA
The pair is currently trading within a well-defined descending channel, approaching a crucial demand zone that may trigger a significant price movement. We are closely monitoring for a potential bullish breakout from this structure.
Technical Insight:
GALAUSDT has been respecting the descending resistance line consistently, but it is now nearing a critical demand level between **$0.01250–$0.01500**. This zone is pivotal and could potentially act as a catalyst for a bullish reversal. Should the price enter this demand area and gather upward momentum, the likelihood of a breakout increases substantially.
Key Levels to Watch:
A successful break above the descending resistance line could open the path for #GALA to rally toward the major supply area around **$0.035**. This supply zone represents a significant resistance level; a decisive breach here could lead to a robust bullish move, with the next target being the upper resistance zone.
