$GALA
๐Ÿงจ $GALA/USDT โ€“ 1H Trendline Squeeze ๐Ÿ•ต๏ธโ€โ™‚๏ธ

๐Ÿ’ฐ Price: 0.0202

โฐ Timeframe: 1H

๐Ÿ“ Setup: Pressing against multi-touch downtrend resistance

โš”๏ธ Signal Type: Breakout watch


๐Ÿ” Trend Context:

๐Ÿ”ป GALA has respected a strong descending trendline since April

โณ Currently consolidating just below the line

๐Ÿ’ฃ Volatility is compressing โ€” breakout imminent

๐Ÿงช Volume building = potential pressure release soon


๐ŸŸข Bullish Breakout Plan:

โœ… Entry Zone: 0.0203 โ€“ 0.0206 (trendline break + 1H close)

๐Ÿ“ˆ Look for breakout candle with volume confirmation


๐ŸŽฏ Targets:

๐ŸŽฏ TP1: 0.0215

๐ŸŽฏ TP2: 0.0226

๐ŸŽฏ TP3: 0.0242


๐Ÿ›ก๏ธ Stop-Loss:

๐Ÿ›‘ Below 0.0192 (rejection & failure)


โš–๏ธ Risk:Reward Estimate:

๐ŸŽฏ Entry: 0.0204 โ†’ TP2: 0.0226 โ†’ R:R โ‰ˆ 2.0:1


๐Ÿ”ป Bearish Rejection:

โŒ If price fails to break above trendline & volume dries up โ†’ short on rejection

๐ŸŽฏ Downside target: 0.0185