📉 Forecast for 
GALAUSDT.P (1H TF)
🕒 Current Situation: The price is in a key decision zone near POC $0.01851, consolidating after a breakout from the Falling Wedge pattern.
➡️ The direction depends on the reaction to this area.
✅ Overview:
➡️ A Triple Bottom (Bottom 1-2-3) pattern is visible — a bullish signal.
➡️ Price broke out of the wedge and is now retesting.
➡️ Two scenarios remain: LONG if support holds or SHORT if it breaks.
📢 Bullish sign: candle wicks down + rising volume on bounce.
🧭 Watch price action and volume near $0.0185–0.0190.
************************
📈 LONG SCENARIO - Conditions: Holding above $0.0190
Entry:GALAUSDT.P from $0.02020
🛡 Stop loss: $0.01986
🎯 TP Targets:
💎 TP 1: $0.02040
💎 TP 2: $0.02065
💎 TP 3: $0.02085
📍 Confirming bullish strength after wedge breakout.
**************************
📉 SHORT SCENARIO - Conditions: Break and close below $0.0185
Entry:GALAUSDT.P from $0.01800
🛡 Stop loss: $0.01825
🎯 TP Targets:
💎 TP 1: $0.01784
💎 TP 2: $0.01766
💎 TP 3: $0.01756
📢 Confirmation: high volume + multiple closes below POC.
⚠️ Losing $0.0185 reactivates the bearish structure toward $0.01700.
🚀 Conclusion: We are in a decision zone.
📍 Hold above POC = bullish setup.
📍 Breakdown = bearish setup.
📢 Wait for confirmation with volume and price reactionGALAUSDT.P
GALAUSDT.P (1H TF)🕒 Current Situation: The price is in a key decision zone near POC $0.01851, consolidating after a breakout from the Falling Wedge pattern.
➡️ The direction depends on the reaction to this area.
✅ Overview:
➡️ A Triple Bottom (Bottom 1-2-3) pattern is visible — a bullish signal.
➡️ Price broke out of the wedge and is now retesting.
➡️ Two scenarios remain: LONG if support holds or SHORT if it breaks.
📢 Bullish sign: candle wicks down + rising volume on bounce.
🧭 Watch price action and volume near $0.0185–0.0190.
************************
📈 LONG SCENARIO - Conditions: Holding above $0.0190
Entry:
GALAUSDT.P from $0.02020🛡 Stop loss: $0.01986
🎯 TP Targets:
💎 TP 1: $0.02040
💎 TP 2: $0.02065
💎 TP 3: $0.02085
📍 Confirming bullish strength after wedge breakout.
**************************
📉 SHORT SCENARIO - Conditions: Break and close below $0.0185
Entry:
GALAUSDT.P from $0.01800🛡 Stop loss: $0.01825
🎯 TP Targets:
💎 TP 1: $0.01784
💎 TP 2: $0.01766
💎 TP 3: $0.01756
📢 Confirmation: high volume + multiple closes below POC.
⚠️ Losing $0.0185 reactivates the bearish structure toward $0.01700.
🚀 Conclusion: We are in a decision zone.
📍 Hold above POC = bullish setup.
📍 Breakdown = bearish setup.
📢 Wait for confirmation with volume and price reaction
GALAUSDT.P
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🔥Subscribe to our Telegram channel🔥
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.