Here's a technical breakdown for $GALA USDT Perpetual
๐ GALAUSDT Market Snapshot
Metric Value
Last Price $0.01492 โฌ๏ธ (+11.26%)
Mark Price $0.01492
24h High / Low $0.01502 / $0.01322
24h Volume (GALA) 4.91B
24h Volume (USDT) $69.43M
Current Vol 107.47M
MA(5) / MA(10) 405.6M / 297.5M โ Bullish Volume Expansion
---
๐ Technical Analysis
๐น Trend
Strong upward movement (+11.26%) with volume surge โ a classic breakout setup.
Price is consolidating just below the 24h high, showing potential for continuation.
MA(5) > MA(10) = Strong near-term buying pressure.
---
๐ Key Price Levels
Level Type Price Comment
Resistance 1 $0.01502 24h High โ Breakout point
Resistance 2 $0.01511 Order book resistance
Support 1 $0.01471 Shallow support near current price
Support 2 $0.01432 Deeper support level
Support 3 $0.01322 Daily low / trend invalidation
---
โ๏ธ Potential Trade Setups
๐ข Bullish Breakout Play
Entry: Above $0.01505
Target: $0.0155 โ $0.0162
Stop: $0.0146
> Watch for volume confirmation โ aim for follow-through above daily high.
---
๐ก Pullback Buy Zone
Entry: $0.01430โ$0.01450
Target: $0.01490+
Stop: Below $0.01390
> Ideal buy-the-dip zone near short-term demand area.
---
๐ป Reversal/Fade Trade (Cautious Short)
Entry: Near $0.01500 (if rejected again)
Target: $0.01440
Stop: Above $0.01520
> Short scalp only if price fails to close above $0.01502 on strong volume.
---
๐ง Summary
Trend: โ Bullish
Momentum: High (volume increasing, price pushing highs)
Bias: Buy dips or breakout
Risk: Elevated due to fast gains โ wait for confirmation or retest if unsure.
---
Would you like to track this in a combined watchlist with INJ, FET, and others? I can also rank them by momentum or breakout readiness.
#GalaToMoon #OneBigBeautifulBill #TrumpVsMusk #BitcoinWithTariffs #Write2Earn