$GALA is experiencing a significant decline, and price action shows that selling pressure is dominant, we need to observe whether a bottoming signal appears.
🎯 Direction: Hold cash
Market logic indicates that the price is falling accompanied by high open interest, caution is required for potential liquidations of long positions or a chain decline triggered by major players offloading. Currently, there are no clear signs of buying absorption in the market, and any rebound on the LTF appears fragile. It is advisable to patiently wait for price structure stability or the emergence of a clear bottom reversal pattern; until then, holding cash and observing is a better strategy.
Trade here 👇 $GALA
GALAUSDT
Perp
0.0048
-1.03%
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