๐ฎ $GALA on the Move: Rejection or Retest๐ค๐ฅโ๐๐๐
$GALA /USDT is showing a power-packed breakout on the 1H chart, with a strong bullish candle followed by mild correction. RSI hit 67.78, signaling it's nearing overbought territory, while the price sits at $0.01480, right above short-term EMAsโindicating buyer control for now.
๐ However, on the 1D chart: $GALA faces a critical resistance near the 50-day MA ($0.01481). It's currently testing this level with RSI recovering to 48.94, suggesting momentum is building but not yet strong enough for a clean breakout.
๐ Key Levels to Watch:๐๐
Support Zone: $0.01430โ$0.01400
Resistance Zone: $0.01583 โ $0.01740
Daily Close Above $0.01500 = Short-Term Bull Continuation
Break Below $0.01430 = Pullback Likely
๐ก Trade Strategy (Short-Term Bullish Bias)
Buy on dip around $0.01430, SL below $0.01400, Target: $0.01580 / $0.01740
Trade Duration: 1โ3 Days
Trend: Recovery in Progress
๐ง Wait for strong daily volume confirmation before entering heavy; the rally is at a critical make-or-break point.
๐ฌ โPatience and precision make a profitable trader. Donโt chase candlesโwait for the setup.โ
๐ Not financial advice. DYOR before investing.
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