🔥 Gate Square Event: #GateNewbieVillageEpisode10
👤 Featured Creator: @CHAITHU
💬 Trading Quote: The market doesn’t reward emotions, only patience and discipline.
Charts move — but discipline holds.
Share a moment where patience paid off, or emotions cost you a lesson.
A real story > a perfect result.
⏰ Event Duration: Dec 4 04:00 – Dec 11 16:00 UTC
How to Join
1️⃣ Follow Gate_Square
2️⃣ Post with the hashtag #GateNewbieVillageEpisode10
3️⃣ Share your reflections — strategy, mindset, discipline
Authenticity boosts visibility and your chance to win.
🎁 Rewards
3 lucky participants will recei
$SOL Current price: $141.87
Direction: Bearish
Reasons:
1. Main players are reducing their positions. Although it increased by 0.85% in 24 hours, there is a lack of sustained capital support, increasing the risk of a subsequent decline.
2. The 1-hour MACD (9,26) shows signs of forming a death cross, indicating bearish momentum is gradually strengthening and the short-term trend is weakening.
3. RSI(14) is in the neutral range, not overbought, but the bulls lack momentum, making it difficult to push the price higher.
4. The price hasn't held above key moving averages, and trading volume hasn't expanded accordingly. The upward trend is weak and a pullback is likely.
Support levels:
1. $138.0 (recent swing low, certain support)
2. $135.0 (previous consolidation range, strong support)
Resistance levels:
1. $144.5 (24H high, difficult to break in the short term)
2. $146.0 (recent resistance level, obvious pressure)
Suggested take profit: $138.0, stop loss: $144.5