【$GALA Signal】1H Breakout Follow-up, Main Force Supports Price and Shorts

$GALA The 1H timeframe has just experienced a volume breakout above the recent high of 0.00423, with the price firmly above the EMA20(0.0042), showing strong momentum. The 4H chart has closed with consecutive bullish candles, breaking the descending trendline and forming a bottom reversal pattern. Although the RSI_1H(77.69) is somewhat high, open interest remains stable and funding rates are only 0.01%, indicating no signs of overheating. The main force’s support intent is clear, and a short squeeze is imminent.

🎯Direction: Long (Long)

🎯Entry/Order: 0.00426 - 0.00428 (Reason: Breakout of previous high resistance zone, follow the trend to enter)

🛑Stop Loss: 0.00415 (Reason: Break below the 4H bullish entry point and EMA50 support)

🚀Target 1: 0.00440 (Reason: Fibonacci 0.382 resistance level from the previous wave)

🚀Target 2: 0.00455 (Reason: 1.618 extension level and previous accumulation zone)

🛡️Trade Management:

- Position Size: Light (Reason: Hot Coin volatility is intense, control risk)

- Execution Strategy: After reaching 0.00440, reduce position by 50% and move stop loss to entry price 0.00428. Hold the remaining position for the second target. If the price retraces and breaks below the trailing stop, exit decisively.

Depth Logic: Market depth shows strong buy support, bid_ask_ratio_depth reaches 1.79. The past 4 hours’ price increase accompanied by stable open interest indicates a healthy main force-driven rally, not a short squeeze. The buy depth in the 0.0042-0.00416 range on the 1H chart is unusually thick, providing strong support. The current strategy is to target this breakout momentum, leveraging the main force’s support psychology for short-term trading.

Trade here 👇 $GALA

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