【$GALA Signal】Short Position + Decline with Abnormal Open Interest
$GALA Price decline accompanied by high open interest, market logic suggests caution against main force distribution risk.
🎯 Direction: Short Position
Price action shows persistent selling pressure, with no effective buying absorption. A decline amid high open interest usually indicates passive long positions or main force actively distributing, currently lacking a clear reversal pattern. Wait for the price to show clear absorption behavior at key support levels or for open interest to significantly decrease before evaluating long opportunities.
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【$GALA Signal】Short Position + Decline with Abnormal Open Interest
$GALA Price decline accompanied by high open interest, market logic suggests caution against main force distribution risk.
🎯 Direction: Short Position
Price action shows persistent selling pressure, with no effective buying absorption. A decline amid high open interest usually indicates passive long positions or main force actively distributing, currently lacking a clear reversal pattern. Wait for the price to show clear absorption behavior at key support levels or for open interest to significantly decrease before evaluating long opportunities.
Trade 👇 $GALA
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