New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
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Key new features and optimizations
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Your fa
Very beautiful and logical words. I hope it rises and hits 30 cents now or more, so everyone buys and collects profits. Wonderful traders, thank you very much.
A surging bullish candle with high volume tore through all the consolidation resistance zones. This isn't just a tentative rebound—it's a violent, trend-driven reversal. Main uptrend wave? It's already underway.
Let's look at the data. In the past 4 hours, $900,000 in shorts were liquidated—2.7 times the amount of long liquidations. Every price spike represents real buy orders from shorts being forced to close. Once this kind of short squeeze kicks off, the momentum is stronger than you think.
Technical signals are even clearer. The price blasted through all short-term moving averages in one go, completely breaking the consolidation structure. This is a textbook breakout acceleration pattern. The market has shifted from sideways to one-sided. At the same time, trading volume is surging, sentiment indicators are maxed out, and retail traders are rushing in—classic signs of an impending FOMO wave.
How to play it?
You can take a small long position near the current price, or accumulate in batches at the $0.185 pullback support level. The first target is $0.208, which is the previous high; if momentum is strong enough, $0.230 isn't out of reach. But don't forget risk management: if it drops below $0.175, cut your losses decisively—don't fall in love with the market. Position sizing? Don't exceed 5% of your total capital; no matter how good the trend looks, you need to be around for the next move.
Bottom line: when a technical breakout meets a sustained short squeeze and FOMO sentiment piles on—this is not the time to hesitate, it's the time to execute.
The main uptrend train has already sounded its horn. Why are you still hesitating on the platform?