🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Heavy Position lying in ambush: $ETH/USDT
Current Price: 2950–2650 (+N/A%)
Target Price:
- TP1: 3100
- TP2: 3300
- TP3: 3400
Stop loss price: below 2550
Reason for Purchase:
1. Pattern Confirmation:
- The weekly level has formed a "triple bottom" breakout pattern (neckline at 3100), with a depth of 400 (2650-2250)
- Measure of increase = Bottom depth × 1.618 = 647 → Target price 3 = 2650 + 647 = 3297 (actual integer value 3400)
2. Trend Structure:
- The monthly line level stabilizes at the ascending trend line for 2024 (connecting 2650 to 2950), with the price standing above MA(50) 2800.
- RSI(14)=48 (neutral to bullish), MACD green bars shortening indicates a weakening of bearish momentum.
3. Breakthrough potential:
- After breaking through 3100, open up the upward space of 3400+
- If an effective breakthrough occurs, it may trigger a 2.0 times leverage contract liquidation.
4. Indicator Verification:
- The OBV indicator has reached a 30-day high, indicating a continuous inflow of funds.
- On-chain data: Exchange net flow -120,000 coins, whale holdings increased by 18%
Strategy Description:
- Use a pyramid-style position building, placing 3-5 orders in the 2950-2650 range, with the average price controlled around 2800.
- The total position should not exceed 8% of the available funds, and an additional 2% position can be added after breaking through 3100.
- The strategy is valid for 3 trading days, and will automatically expire if not executed in time.
This content is for reference only and should not be taken as investment advice.