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$GALA Boiling frogs in warm water, the bearish trend is still ongoing! 🚨
Since the downward trend started, the price has only rebounded weakly by 0.75%, not even reaching a decent ATR fluctuation. Currently at 0.00673, the price remains below the dynamic trailing stop line at 0.00678, firmly in a bearish suppression pattern.
The MACD double lines are below the zero axis, with the histogram showing significant negative values, indicating that the bearish momentum is still dominant. The nearest strong support below is at 0.00602, and the nearest resistance above is at 0.00698.
With this movement, don’t be fooled by small rebounds. Until the trend reverses, watch more and act less!