📊 $GALA 15m/30m Spot Long Strategy (May 2, 2025)

🔍 Market Overview

Current Price: ~$0.0171

24H Range: $0.0167 – $0.0175

Trend: Short-term bullish momentum after breakout from falling wedge

Key Support: $0.0165 (recent low), $0.0160 (historical support)

Key Resistance: $0.0180 (recent high), $0.0195 (next major zone)

📌 GALA has broken out of a falling wedge. Momentum is building above support with eyes on the $0.018+ zone.

🟢 Entry Option 1: Breakout Trade

🔓 Zone: $0.0175–$0.0177

🔓 Confirmation:

→ 15m/30m candle closes above $0.0175 with volume

→ MACD bullish crossover

→ RSI above 60

🟢 Entry Option 2: Pullback Trade

🔁 Zone: $0.0168–$0.0170

🔁 Confirmation:

→ Bullish reversal (hammer, engulfing)

→ RSI > 50

→ Volume bounce from support

🎯 Targets

TP1: $0.0180

TP2: $0.0185

TP3: $0.0195

🛑 Stop-Loss

Breakout SL: Below $0.0170

Pullback SL: Below $0.0165

⚠️ Risk Management Tips

→ Risk 1–2% capital per trade

→ Use 2:1 reward-to-risk minimum

→ Move SL to breakeven after TP1

→ Track BTC/ETH for momentum signals

👉 DYOR — Always conduct your own research and consider market conditions before making trading decisions.