【$GALA Signal】Pullback to Long! 1H RSI Bottom Divergence, Clear Sign of Main Force Supporting the Market

$GALA The 1-hour level is oscillating around a critical support zone, building a bottom. Although the price has declined, the open interest remains stable, indicating that the main force is not heavily selling off. The 1-hour RSI has entered the oversold area and shows bottom divergence signs, with weakening downward momentum. The 4-hour level is still in a downtrend channel, but the current price is close to the lower boundary of the channel and the previous dense trading zone. There is strong buy support below, providing a basis for a rebound.

🎯Direction: Long

⚡Entry/Order: 0.00317 - 0.00320

🛑Stop Loss: 0.00310

🚀Target 1: 0.00335

🚀Target 2: 0.00345

🛡️Trade Management:

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

(Depth Logic: Price declines but open interest remains stable. Combined with buy orders being much thicker than sell orders, this indicates that the decline is mainly retail investors selling off rather than main force offloading. The bottom divergence on the 1-hour RSI is a clear early signal of a rebound. The current positive funding rate also provides a safety cushion for bulls. It is recommended to wait in the optimized entry zone, betting on a rebound towards the 1-hour EMA20 and the upper boundary of the 4-hour downtrend channel. )

Check real-time market 👇 $GALA

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #2月非农意外负增长