$GALA this wave of decline is not so easy to reverse. The current trend is like boiling a frog in warm water; a rebound of only 0.75% is simply not enough to form an effective counterattack.

Let's look at the market—price is stuck at 0.00673 and is also pressed below the dynamic stop-loss line at 0.00678, leaving no room for the bulls. The MACD situation is even worse, with both lines still hovering below the zero axis, and the histogram remaining negative, indicating that the bearish force still dominates for now.

Technically, the strongest support below is definitely at 0.00602, and the resistance above is at 0.00698. At this position, it’s easy to be fooled into a small rally. Sincerely advise everyone: before a trend reversal signal appears, observe more and operate less. Don’t waste bullets in this kind of market.