Forecast for #GALAUSDT📉 Forecast for BYBIT: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: BYBIT: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: BYBIT: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 BYBIT:GALAUSDT.P
