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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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#May Market Outlook#
📈 May Forecast: What Awaits SOL/USDT?
May is an interesting month for the cryptocurrency market, and SOL/USDT is no exception! In the daily chart, it is clear that after reaching its peak at 295.88 at the end of December, SOL moved into a downward trend, dropping to 95.25. Currently, the price is trading around 146.94, which is below the key moving averages (EMA5: 147.93, EMA10: 146.94, EMA20: 142.83).
May Forecast:
If SOL maintains a level above 142.83 (EMA20), the price is likely to rise to 155-160, as MA100 (155.62) passes through.
When breaking below the 140 level, it is likely to fall to 130 or even 95.
Volume (VOL: 139.67K) does not show a strong interest yet, while the indicators (RSI: 53.47, StochRSI: 14.13) are neutral, but close to oversold, which may indicate a reversal.
Sectors and symbols for monitoring: SOL may be interesting in the context of the growth of the Solana ecosystem, especially if DeFi and NFTs continue to gain momentum. BTC and ETH should also be monitored - as their dynamics often set the direction for altcoins.
What do you think? Share your predictions in the comments! 🚀