๐ข Gate Square #Creator Campaign Phase 1# is now live โ support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
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Campaign Period: July 11, 18:00 โ July 15, 22:00 (UTC+8)
๐ Total Prize Pool: $500 token rewards
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Event 1: Create & Post โ Win Content Rewards
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Timeframe: July 12, 22:00 โ July 15, 22:00 (UTC+8)
๐ How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
ATH/USDT 4H Timeframe โ Potential Movement Analysis
(Disclaimer: This is not a trading signal. Always conduct your own research and trade at your own risk.)
The ATH/USDT trading pair is currently forming a descending triangle pattern on the 4-hour timeframe. This pattern is widely recognized in technical analysis as a bearish continuation formation, typically appearing during a downtrend. It is characterized by a horizontal support level, where multiple price lows align, and a descending trendline, which forms as lower highs develop over time.
The descending triangle often signals that selling pressure is increasing, potentially leading to a breakdown below the support level if momentum continues downward. However, traders should remain cautious, as false breakouts can occur, and price movements may be influenced by external market factors. For a detailed analysis, refer to the accompanying chart.