Futures
Access hundreds of perpetual contracts
CFD
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
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
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
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Triangular convergence end, wait for an 8-hour closing price to confirm the direction, don't rush to chase.
--------------------
$WLFI/USDT is sitting at $0.0616 after a sharp push from the $0.0545 lows that tested the lower boundary of a six week symmetrical triangle. The chart has been coiling since the $0.0760 peak in early May, with the descending resistance from the highs and the ascending support from the May 27 low converging into a textbook contracting structure. Price has just delivered a strong reaction off the lower trendline and is now pressing into the upper boundary of the triangle, the most decisive area of the entire range.
Holding above $0.0580 keeps the bullish reaction alive and a clean 8h close above the descending trendline near $0.0625 confirms the breakout, opening a path back toward $0.0680 and a potential retest of the $0.0760 high. Losing $0.0570 invalidates the immediate strength and brings the lower trendline back into play near $0.0545, with a clean break below exposing $0.0521 and the deeper $0.0500 demand. Triangle apex compressions resolve violently, the next 8h closes decide direction for the next leg, position size accordingly and let the breakout confirm before chasing.