Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
#GateSquareAprilPostingChallenge The post suggests a long position on $SOL, with entry at 85.7900, stop loss at 84.0000, and targets at 88.0000 and 90.0000. The rationale is a potential short squeeze, as many traders are trapped below the current price, which could trigger liquidations and push the price higher.
In the past 24 hours, $SOL trade between 82.29 and 86.81, showing upward momentum and moderate volatility. The current price is around 85.82, close to the suggested entry, indicating the market is near the level where short positions may be pressured.
With large short positions under pressure and liquidity building, a move above recent highs could accelerate buying, trigger stop losses for shorts, and drive price toward the stated targets (88.0000 and 90.0000).
The post highlights a bullish setup for SOL, supported by recent price action and the possibility of a short squeeze, aiming for higher targets as momentum builds.