$GALA
GALA/USDT ā Long Setup (Momentum Continuation)
š Timeframe: 1H
š° Current Price: $0.02067
š Trend Context: Recovery from local bottom, building bullish structure
š Technical Notes:
š¹ GALA is forming higher lows and higher highs, indicating an uptrend
š¹ Strong support held near $0.01850 zone
š¹ Just broke previous short-term resistance near $0.02050
š¹ Volume surge supports bullish momentum
š¹ Potential for a breakout toward the $0.022 zone if sustained
šÆ Entry Plan:
š¢ Entry Zone:
$0.02050 ā $0.02070 (current price or slight dip entry)
Alternative: Add on retest of $0.02020 (support from previous resistance)
šø Take-Profit Targets:
šÆ TP1: $0.02130
šÆ TP2: $0.02220
šÆ TP3: $0.02330 (major resistance zone + prior high)
š”ļø Stop-Loss:
š» SL: Below $0.01980
(Invalidates local bullish structure and breaks the last higher low)
āļø Risk-Reward Tip:
Entry: $0.02067 | SL: $0.01980
TP2: $0.02220 ā Risk:Reward ā 2.1:1
š Trail stop to breakeven after TP1
ā
Confirmation Triggers:
šø Volume > 1M on push above $0.02120
šø RSI holding above 55
šø BTC stability or mild upward trend
š„ Signal Strength:
Medium-High ā Healthy recovery trend with volume, but near overhead resistance ā ļø
Monitor breakout above $0.02130 for added confirmation