🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Analyzing the 4-hour Candlestick Chart of Trb, it can be observed that the MACD histogram, although remaining in the positive zone, is showing a trend of gradually shortening. This technical indicator suggests that the short positions pressure in the market is gradually diminishing. Based on this technical analysis, the current price around 37 may present a good get on board opportunity, with the price expected to break upwards towards the resistance levels of 43, 46, or even near 50. This pattern of weakening short positions typically indicates a potential opportunity for an upward breakout in the future. Investors should closely follow the subsequent changes in trading volume to confirm this technical formation.