🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
Time to prove if you’re a true Gate veteran!
💰 Join the challenge — 5 lucky winners will share $50 in GT!
👉 How to participate:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Comment with your answer
🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
📊 Analysis KAVA/USDT
On the weekly chart, the asset is forming a narrowing triangle 🔻, and the price is moving in a descending channel.
Support — $0.35–0.36 🛡️.
Resistances — $0.41 / $0.46 / $0.51.
The Ichimoku Cloud remains bearish ☁️, indicating a risk of continued decline, however, the triangle compression increases the likelihood of a strong breakout in the coming months ⚡.
🔹 Fundamentals: Kava ⚙️ is a Layer-1 blockchain that combines the power of the Ethereum ( EVM ) ecosystem with the speed and scalability of Cosmos 🚀. This architecture provides developers with the flexibility to create applications that simultaneously utilize ETH liquidity and cross-chain capabilities of Cosmos 🌐.
📌 In the long term, Kava has potential due to its unique combination of EVM + Cosmos, but in the short term, the market is waiting for confirmation of a breakout from the triangle.