Technical analysis by Quant_Trading_Pro about Symbol GALA on 8/8/2025

GALA is pressing against its descending trendline after a strong rally from the 0.0145 demand zone. Price is now testing this level with EMAs converging just below, creating a possible breakout confluence. If bulls can secure a close above the trendline and hold, the breakout could open the path toward the mid-0.017s and beyond. However, with Stoch RSI deep in overbought territory, a pullback to retest the 0.01536 or even 0.0145 support zone remains possible before continuation. Key watchpoints: – Trendline break confirmation with strong close – Pullback potential due to overbought conditions – Support levels at 0.01536 and 0.0145 as key bounce zones