GALA Still Trapped Inside the Long-Term Downtrend

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GALA Still Trapped Inside the Long-Term DowntrendGALA / TetherUS PERPETUAL CONTRACTBINANCE:GALAUSDT.PCryptoCoinsCoachGALA remains inside a well-defined descending channel, and despite several recovery attempts. After rejecting from the upper half of the recent recovery range, price has rotated back toward the lower support region around 0.0026, which is currently acting as the last major defense for bulls. This area becomes critical because losing it would likely open the door for another leg lower within the broader bearish structure. For now, the market is attempting to stabilize at support, but the overall trend remains weak until GALA can reclaim the descending trendline and break back above the 0.618 Fibonacci resistance zone. What I'm Watching 🟢 Support: 0.00259 → 0.00234 🔴 Resistance: 0.00319 → 0.00355 → 0.00453 📉 Trend: Bearish while below channel resistance ⚠️ A daily close above the descending trendline would be the first sign that a larger trend reversal may be developing.