GALA COIN SIGNAL ALERT
GALA COIN SIGNAL ALERT
SIGNAL TYPE : SHORT
COIN NAME : $GALA
1) This chart shows GALA/USDT on a 4-hour timeframe, with a rising channel pattern indicating a potential short trade. The price is moving in a rising channel, where the price makes higher highs and higher lows, but the upward momentum is losing steam. The market is likely reaching its upper resistance, making this a potential short signal. The RSI is currently at 34.47, which is near the oversold territory, indicating weakening bullish momentum and possibly an upcoming reversal. The MACD is showing bearish divergence, with the histogram starting to turn negative, confirming the weakening buying pressure.
2) This is the OTHERS.D on a 1-day chart. The price is currently inside a falling wedge, which typically signals a potential bearish breakdown if the price breaks below the lower trendline 📉. The price has been consolidating within the wedge, and a breakdown below the lower boundary suggests the possibility of a sharp downward move.
ENTRY PRICE : 0.01583 or market price)
1st tp: 0.01493
2nd tp: 0.01437
3rd tp: 0.01349
SL : 0.01640( This trade only for spot and sl for future )
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