【$GALA Signal】1H Breakout Follow-up + Market Short Squeeze

$GALA The 1H timeframe has just experienced a volume breakout above the recent consolidation upper boundary, with the price stabilizing above the 1H EMA20 and EMA50, indicating strong momentum. Although the 4H timeframe remains in a long-term downtrend, the latest 4H bullish candle has a full body, and buy orders significantly outnumber sell orders, suggesting potential for a short squeeze. The current funding rate is only 0.01%, making long positions very cost-effective. Open interest remains stable, and there are clear signs of main force support.

🎯Direction: Long (Long)

🎯Entry/Order: Current price range 0.00361 - 0.00363

🛑Stop Loss: 0.00348 (Break below the previous 1H candle low and dense trading zone)

🚀Target 1: 0.00378 (Previous 4H high resistance and order book sell pressure zone)

🚀Target 2: 0.00395 (Resistance near the daily EMA20)

🛡️Trading Management:

- Position: From light to standard size. Hot Coin experiences high volatility; heavy positions are strictly prohibited.

- Execution Strategy: When the price reaches 0.00378, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.00361. If the price strongly breaks through 0.00378 and stabilizes, consider the second target at 0.00395.

(Depth Logic: The 1H RSI has already broken above 65, indicating buying momentum. The order book depth imbalance is 31.28%, with buy orders far exceeding sell orders, showing strong support below and significant short covering pressure. Combined with rising prices but stable open interest, this is not purely a short squeeze but also indicates new long capital entering. The key risk is that the overall 4H trend has not fully reversed, so strict stop-loss measures are necessary. )

Check real-time market 👇 $GALA

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