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- ⏰ 3 Days to Go!💥 Gate Square Event: #PostToWinTRUST 💥
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🏆 Rewards (Total: 13,333 TRU - 💥 Gate Square Event: #PostToWinCC 💥
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The platform token has surged and then retraced, falling below 960 dollars, with a head and shoulders pattern emerging on the technical side.
[Coin World] A certain mainstream platform token surged and then retreated today, hitting a wall near $970 before directly breaking through $960, with an intraday low of $942.06. The current price is fluctuating back and forth within the trading range of $950-960.
The technical perspective looks not too good - the selling pressure has become obvious, and there is a head and shoulders pattern on the chart. The hard resistance is at 970, and if it can't break through, it could be dangerous; below, the position at 942 must be defended, otherwise there may still be room to fall.
The recent decline is actually in sync with the overall market; the entire crypto circle is adjusting today, and a certain mainstream index has dropped by 1.6%.