Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
: The current price (1,913.25) is close to the lower band (1,813.02), indicating a potential oversold rebound.
- SAR Indicator: The current value is 1,820.14, with the price above the SAR indicator, suggesting short-term technical support.
- Bullish and Bearish Forces: Buy volume (B) accounts for 71%, sell volume (S) accounts for 29%, showing a short-term market bias towards the bulls, but this sentiment could reverse quickly.
Trading Risk Reminder:
- Funding Rate: The current funding rate is -0.0006%, indicating a bearish market bias. Long positions will need to pay a small fee to shorts.
- Set a Stop-Loss: When opening a long position, it is recommended to set the stop-loss below the recent key support levels at 1,820 (near the SAR indicator) or 1,813 (below the lower Bollinger Band).
- Light Position Testing: In the current downtrend, heavy positions are not recommended. Use small positions to test the market rebound strength first.