Technical Analysis

GALA Technical Analysis 19 February 2026: Weekly Strategy

GALA

GALA/USDT

$0.004010
-1.47%
24h Volume

$28,765,800.21

24h H/L

$0.004130 / $0.003980

Change: $0.000150 (3.77%)

Funding Rate

-0.0010%

Shorts pay

Data provided by COINOTAG DATALive data
GALA
GALA
Daily

$0.004010

-0.99%

Volume (24h): -

Resistance Levels
Resistance 3$0.005800
Resistance 2$0.004500
Resistance 1$0.004200
Price$0.004010
Support 1$0.004000
Support 2$0.003700
Support 3$0.003500
Pivot (PP):$0.004030
Trend:Downtrend
RSI (14):34.6
JM
James Mitchell
(02:41 AM UTC)
5 min read
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GALA closed the week with a -3.46% drop, maintaining its main downtrend structure; however, while RSI at the 33.71 level gives an oversold signal, the MACD histogram shows positive divergence – accumulation phase formation is observed at critical supports.

GALA in the Weekly Market Summary

GALA is moving within a tight trading range around the current price level of $0.004 ($0.00 - $0.00 range appears narrowed on a weekly basis, but actual volatility is concentrated at support/resistance levels). The weekly -3.46% loss reflects the overall market downtrend; volume profile remains stable at $29.37M level, while momentum indicators produce mixed signals. RSI at 33.71 is approaching the oversold zone, and the MACD's positive histogram indicates short-term bullish momentum. Although the market structure is still bearish, major supports are being tested, creating a strategic waiting point for position traders. For more detailed spot data, check the GALA Spot Analysis.

Trend Structure and Market Phases

Long-Term Trend Analysis

The long-term trend structure exhibits a clear downtrend character; the price continues to stay below EMA20 ($0.00), and the trend filter gives a bearish signal. On higher timeframes (1W and above), the lower highs and lower lows formation remains intact – this indicates dominance of the distribution phase. However, the accelerating downside momentum in recent weeks is slowing; the oversold condition in RSI and the MACD histogram turning positive reveal signs of trend exhaustion. From a market structure perspective, not breaking the $0.0043 resistance is critical for the downtrend to remain intact; otherwise, the long-term bearish bias may weaken. From a portfolio manager perspective, this phase is a risky zone for long-term positions, as macro cycles are suppressed in altcoins due to BTC dominance effects.

Accumulation/Distribution Analysis

Market phase analysis highlights accumulation phase characteristics at current levels: volume increases are observed at major support $0.0039 (score 69/100) and $0.0034 (68/100), which may indicate smart money accumulation. Distribution patterns are prominent at upper levels ($0.0041-$0.0043); weekly candle closes are full of rejections. According to Wyckoff methodology, we are looking for confluence for transition to markup phase after these spring tests (support tests). While volume profile is stable, oversold RSI can be read as an accumulation signal – however, fakeout risk is high in the downtrend context. For futures trading, follow the GALA Futures Analysis.

Multi-Timeframe Confluence

Daily Chart View

On the daily timeframe, there are 2 support / 2 resistance confluences (total 8 strong levels across TFs); price is balancing just above the $0.0039 major support. Bearish short-term structure dominates below EMA20 on the daily chart, but MACD gives a bullish crossover signal. RSI 33.71 divergence supports local bottom formation – as confluence, bullish setups can be considered as long as the daily lower low is not broken. For position traders, daily support hold confluence is key for weekly trend change.

Weekly Chart View

On the weekly chart, there is 1 support / 3 resistance breakdown; downtrend intact, price below weekly EMA20. However, weekly RSI is oversold and histogram positive – this sets up multi-week accumulation. Market phase gives signals of transition from distribution to accumulation; confluence level concentrates in the $0.0034-$0.0039 range. Long-term horizon traders should monitor weekly candle closes: bullish engulfing strengthens reversal confluence.

Critical Decision Points

Key inflection points can be listed as follows: Major Support $0.0039 (69/100) – if held, bullish confluence; if broken, $0.0034 (68/100) and downside risk $0.0015 (22 score). Resistances: $0.0041 (66/100) first test, $0.0043 (61/100) critical for trend change. Upside objective $0.0058 (25 score). Trend remains intact as long as below $0.0043; breakout triggers higher timeframe bullish structure shift. These levels are high-probability decision points with multi-TF confluence.

Weekly Strategy Recommendation

In Case of Rise

Bullish scenario: Activate long positions with $0.0039 support hold and $0.0041 breakout confluence. First target $0.0043, extension $0.0058; stop-loss below $0.0034. R/R ratio ~1:3 (calculated from strategic targets). If accumulation phase confirmed, position sizing can be extended to monthly horizon with 2-5% portfolio. If BTC stable, altcoin rotation opportunity.

In Case of Fall

Bearish scenario: Short or exit longs on $0.0039 breakdown. Targets $0.0034 and $0.0015; stop above $0.0043. Downtrend continuation probability high, distribution patterns emerging. Risk management: Limit positions to max 1% exposure, avoid aggression in BTC downtrend context. For other analyses, check the GALA and other analyses section.

Bitcoin Correlation

GALA shows high correlation with BTC (~0.85+); BTC at $66,916 level in downtrend (24h -0.49%) and Supertrend bearish signal warns caution for altcoins. If BTC key supports $65,143 / $62,910 break, GALA downside accelerates to $0.0034. Conversely, BTC $67,135 resistance breakout carries GALA upside to $0.0058. BTC dominance increase creates pressure on alts – positions should be managed with BTC levels confluence.

Conclusion: Key Points for Next Week

Next week focus: $0.0039 support hold / break and $0.0041 resistance test. RSI divergence and MACD confluence may give reversal signal; BTC drop below $65k increases altcoin risk. Position traders, wait for multi-TF confluence – key levels confirmation essential instead of early entry. Although market structure is downtrend, oversold conditions open a strategic opportunity window.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Senior Technical Analyst: James Mitchell

6 years of crypto market analysis

This analysis is not investment advice. Do your own research.

JM
James Mitchell

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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