💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
According to the latest market data, the price of SOL has shown a volatile downward trend recently. The 4-hour Candlestick Chart indicates that SOL briefly touched a low of 231, reflecting the current market's insufficient long positions and the possibility of a pullback.
Analysis shows that the range from 246 to 253 forms a key resistance level. If the price rebounds to this range but fails to break through, it is likely to continue the downward trend. This situation highlights the cautious sentiment in the market and the potential downside risks.
For traders, the area around 224 to 230 may present a noteworthy shorting opportunity, with a potential downside target around 210. However, investors should exercise caution and closely monitor market trends and potential support levels.
It is important to note that the cryptocurrency market is highly volatile, and investors should conduct a comprehensive risk assessment before making any trading decisions. At the same time, market conditions change rapidly, so it is crucial to update analysis and adjust strategies in a timely manner.