GALA — Short Setup
Market Bias: Bearish, but I’m waiting for confirmation
Entry Zone: $0.00180–$0.00184
Stop Loss: $0.00189
TP1: $0.00174
TP2: $0.00168
TP3: $0.00160
Trade Risk: Medium–High
The part I don’t like here is the liquidation sitting right around $0.00178. That tells me there’s enough volatility to squeeze late shorts before the next move. I’d rather see GALA bounce into $0.00180–$0.00184 and fail than sell directly into the current drop. A clean rejection keeps the short structure intact. If buyers push through $0.00189, I’m out—the setup has changed. Below $0.00178, I’d watch for acceleration toward $0.00168 and potentially $0.00160.
