📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Market Review and Current Trends
100,000 breakdown verification: Last week's viewpoint was validated, the price rebounded after breaking below 100,000, but the bottom did not show strong volume, indicating weakened demand below, and the overall trend remains bearish.
- Rebound expectations and limitations: After breaking 100,000, there may be a short-term rebound, but if the rebound strength is insufficient (e.g., not reaching 104,000-105,000), it may continue to decline.
Key support and target levels
Short-term rebound resistance: reference Fibonacci 0.5-0.618 retracement levels, resistance is at 104,000-105,000, but if the rebound near 100,000 is weak, it will be difficult to break through.
Support target below: Look for 89,000 - 93,000, this range is the 0.5-0.618 retracement level of the previous upward movement and is also the key support for the double top neckline.