🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
💰 Each winner will receive $5 Points!
🎁 Rewards will be distributed within 14 working days. Please make sure to complete identity verification to be eligible.
📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
🚨 #ALEO# Technical Analysis要点
Trend Breakthrough
✅ Breakthrough of the descending trendline resistance: Indicates that the long-term downtrend may be coming to an end, and market sentiment is turning positive.
Key Price Level Recovery
✅ Re-establishing above the 0.22–0.25 resistance zone: If it stabilizes in this area, it may become a new support level, laying the foundation for an upward move.
Volume-Price Coordination
✅ Volume increase + Bullish structure: The surge in volume validates the strength of the bulls, indicating strong short-term momentum.
Stop Loss Signal
⚠️ Invalid condition: falls below $0.1105
If the price falls below this level, the bullish logic will fail, and one must be wary of the risk of trend reversal.
Target Price
🚀 Fibonacci Extension Target:
0.4810 (short-term) → 1.1508 (medium-term) → 2.8914 (long-term) → 6.6510 (extremely optimistic)
(Note: Target price is usually estimated based on historical volatility and needs to be dynamically adjusted)