📢 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 trend of SOL has attracted widespread attention in the market. From the perspective of the daily chart, SOL is currently still maintaining a downward channel. In this clear downtrend, investors and analysts are closely following the potential effective support levels, and whether these positions can show clear signs of a stop to the fall.
Previously, the price level around 173 dollars had played a support role. However, based on the latest market performance, the likelihood of this price level acting as effective support is gradually decreasing. Currently, the bearish momentum does not seem to be fully released, and even if there is an inertia fall, the possibility of breaking below 173 dollars is quite high.
If the support level of 173 dollars is indeed broken, market participants need to shift their attention to lower potential support areas. Considering various factors, there is a trading activity zone between 155 and 160 dollars, and this area is expected to become the next important support band.
It is worth noting that in the current market environment, investors should remain vigilant and closely follow changes in various technical indicators and fundamental factors. At the same time, one should not overlook the potential impact of the global macroeconomic situation on the cryptocurrency market.
Overall, the future trend of SOL still carries uncertainty. Investors need to consider multiple factors when making decisions and develop corresponding trading strategies based on their personal risk tolerance.