๐ GALA/USDT โ 4H Chart Analysis
๐น Price Action:
GALA just retested your buying zone at 0.01566 and is trying to break above that red resistance block.
It made a strong V-shape recovery from recent lows and is now consolidating just under major resistance (0.01566โ0.01581).
๐น Bollinger Bands:
Price is riding the upper band, which is a classic sign of bullish strength.
If it stays glued to the upper band, we could see a continuation pump.
๐น MACD:
MACD line is crossing up nicely with strong green bars โ bullish momentum increasing ๐
๐น RSI:
RSI is at 61.41, which is bullish but not yet overbought, meaning it still has room to climb before correction.
If RSI breaks above 70+ soon, expect another leg up!
๐ง Broader Sector Sentiment:
Many gaming/NFT tokens like GALA, SAND, MANA, RONIN are getting fresh volume.
Likely driven by narrative rotation + AI hype bleeding into metaverse/gaming.
If BTC stays stable or slightly bullish, gaming tokens tend to pump harder in short bursts ๐ฅ
๐งญ Whatโs Next for GALA?
If it breaks above 0.01581 with volume: next target is 0.01620, and beyond that could go parabolic short-term ๐
If rejected again: expect a retest around 0.01516โ0.0147 before another attempt.
โ Game Plan:
๐ Breakout Entry: Enter above 0.01581 with volume
๐ Pullback Entry: Re-enter near 0.01516
๐ Stop loss: Below 0.0145
๐ฏ Short-term targets: 0.0162 โ 0.0174
๐ฎ Final Words:
The whole gaming sector is showing strength, and GALA is one of the leaders. It looks ready for a breakout, but wait for confirmation or buy dips into support. ๐ง ๐น
> Smash that follow for more alpha-filled setups in gaming and AI tokens! ๐ฏ๐๐ฅ