$GALA Signal】Pullback to Long + 1H Level Rebound Trading



$GALA The 1H level has formed short-term support around 0.00335, RSI(1H) at 34.14 indicates oversold conditions, price and open interest(OI) divergence, with open interest remaining stable during the decline, suggesting selling pressure may be weakening. Although the 4H level is in a downtrend channel, the latest candlestick has a long lower shadow, indicating weakening bearish momentum and a potential technical rebound.

🎯Direction: Long (Long)

⚡Entry/Order: 0.00338 - 0.00340 (Enter directly near current price)

🛑Stop Loss: 0.00332

🚀Target 1: 0.00352

🚀Target 2: 0.00365

🛡️Trading Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 0.00338. Hold the remaining position to aim for Target 2. If the price retraces and breaks below the trailing stop, exit all positions.

(Depth Logic: Price has fallen 8% but open interest remains stable, indicating non-main force liquidation. The 1H RSI shows initial bottom divergence, with deep buy support in the 0.0033-0.00335 range forming an invisible support wall. Funding rate is slightly positive at 0.0041%, with no risk of excessive long positions. Considering the order book imbalance at 18.47%, sparse sell orders, and small rebound resistance. )

View real-time market 👇 $GALA

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