📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Recently, the price movement of SOL has shown a pattern worth following. On the 4-hour chart, we can clearly observe an important market signal: after a spike and pullback, the price experienced a rebound but encountered strong pressure at a key resistance level, unable to break through above.
Currently, all technical indicators are showing bearish signals, which is undoubtedly a warning sign. Investors should not be misled by short-term rebounds, as the resistance is so evident and the overall trend clearly leans towards bearish. In this market environment, investors need to stay clear-headed, recognize the overall trend, and avoid counter-trend operations.
Based on the current market conditions, subsequent operational strategies may need to be more cautious. Especially in the price range of 195-200, there may be better short-selling opportunities, with the expected target price potentially dipping to around 180.
However, the market is always full of variables, and investors should conduct comprehensive analysis before making any decisions, and develop a trading strategy that suits their own risk tolerance. At the same time, they should always follow market trends in order to adjust their strategies in a timely manner.