Coin Name: $GALA
Position: Long
Entry Price: 0.01850
On the 4-hour timeframe, GALA has formed an inverse head and shoulders pattern, which is a bullish reversal setup. The price has already broken above the neckline and completed a successful retest around the 0.5 Fibonacci level. Additionally, the RSI is holding at the demand zone, showing a bullish divergence — further reinforcing the strength of this area as a buyer’s territory.
Please note: This is not financial advice. Trade at your own risk.
On the 4-hour timeframe, the "Others" chart has formed a descending channel and has recently broken above the upper trendline. This breakout is a bullish signal, especially for mid-cap and low-cap altcoins, suggesting potential upside momentum in that segment of the market.
GALA is showing significant liquidity positioned above the current price level. This could act as a magnet for price action, increasing the likelihood of an upward move to sweep that liquidity.
Leverage: 3X
Targets:
1st TP 0.02040
2nd TP 0.02140
3rd TP 0.02290
4th TP 0.02800
📌 Special Note:
⚠️ Use only 5% of your portfolio 💼 to manage risks effectively. Avoid high leverage 🚫 and proceed cautiously to mitigate potential losses 📉. Always prioritize risk management and use the DCA method ✅.
$GALA
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