【$GALA Signal】1H timeframe building momentum, preparing for a breakout long position

$GALA The 1H timeframe is currently oscillating narrowly around 0.00376, with the price close below EMA20(0.0038), forming a converging pattern, indicating an imminent directional choice. The 4H timeframe remains in a downward channel, in a rebound correction phase, but the buy-side depth (bid_ask_ratio_depth: 1.68) on the 1H chart is significantly stronger than the sell side, and the latest 1-hour candlestick shows a buy ratio of up to 66%, indicating strong support below. Open interest remains stable, and the price has slightly increased, which is a typical signal of main force accumulating positions. A trend reversal is imminent.

🎯Direction: Long (Long)

🎯Entry/Order: Enter long after breaking above 0.00380 (Reason: Stabilize above 1H EMA20 and break through the upper boundary of the hourly oscillation)

🛑Stop loss: 0.00368 (Reason: Break below the recent oscillation box lower boundary and dense trading zone)

🚀Target 1: 0.00395 (Reason: Resistance at the previous rebound high on the 4H chart)

🚀Target 2: 0.00410 (Reason: Resistance at the 4H EMA50 and previous high region)

🛡Trade Management:

- Position size suggestion: Light position (Reason: The 4H trend has not fully reversed, suitable for short-term trading)

- Execution strategy: After reaching Target 1, move the stop loss to the entry point at 0.00380 to break even. For the remaining position, target Target 2. If the price shows stagnation near Target 1 or a top divergence on the 1H chart, consider taking full profit early.

Depth logic: The order book depth imbalance reaches 25.39%, with concentrated buy strength. The 1H RSI(49.15) is in a neutral zone, with room for upward movement. The key is whether volume can break through the sell wall at 0.0038-0.00381. If broken, the sell pressure above at 0.0039 is relatively light, and a quick rise is expected. Market logic indicates a price increase, combined with stable open interest, favoring bullish accumulation.

View real-time quotes 👇 $GALA

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