🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
#PI# Resistencia: Around $26 and $39, where the price has previously bounced.
Support: Around $17.35 and $13.01, which have been reaction levels in the past.
Indicators and Sentiment:
The price has dropped by -6.05% in the last 24 hours.
In the last 7 days, it has decreased by -32.74%, which confirms the selling pressure.
The market is divided between 56.16% of long-term investors looking to buy and 43.84% of short-term investors looking to sell.
Conclusion
The movement remains bearish, although there are signs of attempts to recover at the supports.
Watch zone: If the price breaks below $17.35, it could target $13.01. If it exceeds $26, it could attempt to change the trend.
Recommendation: Be cautious with volatility and confirm reversal signals before going long.