【$GALA Signal】Long and short battle, waiting patiently for the 1H level direction decision

$GALA The 1H level is currently oscillating near a critical support level, with intense battle between bulls and bears. The 4H level remains in a downtrend channel, but after a volume spike and quick rebound at 0.00371 on the 1H chart, a potential needle-shaped support has formed. Open interest remains stable, with no signs of panic selling; major players may be defending the price at this level. The current price is between the 1H EMA20 and EMA50, and a direction choice is imminent.

🎯 Direction: Watch and wait ( Pending orders )

⚡ Pending order strategy:

- Long trigger: Price breaks above and stabilizes at 0.00382 (Reason: 1H EMA20 resistance, also the opening price of the last hour; a breakout confirms short-term downward momentum is exhausted).

- Long entry: 0.00383 - 0.00385 (Reason: Follow-up entry zone after breakout confirmation).

- Short trigger: Price falls below and closes below 0.00371 (Reason: Strong support at previous 1H low; a breakdown opens downside space).

- Short entry: 0.00369 - 0.00367 (Reason: Follow-up short zone after support breakdown).

🛑 Stop loss (Long): 0.00368 (Reason: Break below previous low of 0.00371 and confirmation of invalidation).

🛑 Stop loss (Short): 0.00382 (Reason: Reclaim of 1H EMA20 and potential resistance zone).

🚀 Target 1 (Long): 0.00395 (Reason: 4H EMA20 resistance and previous high).

🚀 Target 2 (Long): 0.00405 (Reason: 4H downtrend line resistance).

🚀 Target 1 (Short): 0.00360 (Reason: Previous daily low area).

🚀 Target 2 (Short): 0.00350 (Reason: Psychological round number and lower channel boundary).

🛡️ Trading management:

- Position size suggestion: Light position (Reason: unclear trend, follow breakout/breakdown strategy, higher risk).

- Execution strategy: Regardless of long or short, after reaching target 1, move stop-loss to entry price (break-even). If the price moves against the position and hits the break-even point, exit unconditionally. Focus on quick entries and exits in this battle zone.

Deep logic: Order book data shows buy depth (0.0036-0.0037) significantly exceeds sell depth (0.00377-0.0039), indicating depth imbalance and suggesting strong support below. The 1H RSI is at 38, in a neutral to slightly weak zone, leaving room for a rebound. The key is whether the price can hold above 0.00382 or fall below 0.00371, which will determine the next short-term momentum direction.

Check real-time market 👇 $GALA

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