📉 GALA/USDT Trade Idea – Short-Term Swing Setup
🕒 Timeframe: 4H / 1D
🎯 Strategy: Swing Trade (1–7 days hold)
📌 Entry Zone:
Buy on dip around $0.0147 – $0.0150
Strong historical demand + support from Bollinger Band lower bound and 4H structure.
📌 Stop-Loss:
Below $0.0144
Invalidation of local support and potential breakdown toward $0.0133 or lower.
📌 Targets:
1️⃣ TP1: $0.0168 – Local resistance zone and previous supply rejection
2️⃣ TP2: $0.0205 – Key daily resistance and upper Bollinger band (if momentum follows through)
📈 Confirmation:
Watch for bullish RSI divergence or breakout candle on 4H chart with increasing volume.
📊 Trend Bias: Sideways with short-term bounce potential
🔍 Volume: Declining but base forming
⚙️ RSI(6): Neutral on 4H (~49) and oversold on daily (~36), signaling a bounce setup.
🔎 Macro Note:
Mid-term structure still bearish, but sentiment is recovering slightly. Watch BTC/ETH for broader correlation.
✅ Verdict:
Buy on support, tight SL, decent R:R setup for a short-term relief bounce. Re-evaluate if BTC weakens sharply.