GALA is pressing for a break. 0.06 next?

20 בפבר׳

Like most Altcoins, GALAUSDT also broke above a falling wedge's resistance in Oct-Nov of last year.
It experienced an initial leg up, followed by roughly a 300% increase, and then underwent a normal correction afterward.
The price halted its decline from the recent high at the 61% Fibonacci level and has begun to rise again, possibly indicating the end of the correction phase.
Currently, the price is encountering local resistance, and in the event of a breakout, we can anticipate continuation.
This rise could lead to an increase to around 0.06, a crucial resistance level.

Despite my reservations about the project's tokenomics, I am technically bullish and will allocate a very small portion of my portfolio to this trade.