$GALA GALAUSDT Analysis - 2-Hour Timeframe
✅ General trend: Bullish in the short term.
✅ Technical indicators:
EMA 7 (0.01696) > EMA 25 (0.01669) > EMA 99 (0.01686) → Positive crossover supports the upside.
RSI = 74 → In the overbought zone, indicating a possible correction.
MACD is positive, but with weak momentum.
Recommendation:
🔹 Short-term selling opportunity:
Sell entry if signs of weakness appear around 0.01730 - 0.01750.
First target: 0.01680.
Second target: 0.01650.
Stop loss: Above 0.01780.
🔹 Buying Opportunity After Correction:
Buy if the price retests 0.01680 - 0.01660 and the support holds.
First Target: 0.01750.
Second Target: 0.01800.
Stop Loss: Below 0.01630.
⚠️ Note: The RSI is high, which could lead to a correction before continuing the upward trend. It's best to wait for confirmation at support before entering.