Bybit Launches November Carnival in LATAM, Offering $100,000 in Community Rewards (5 Nov)
Bybit's November Carnival Launch: Bybit has launched its November Carnival in select LATAM markets, offering up to 100,000 USDT in community rewards to celebrate creativity and engagement, running until November 30, 2025.
Community Engagement Activities: The initiative includes two main activities: users can share short videos about their Bybit experience on social media for rewards, and new users can earn additional rewards by exploring Bybit's peer-to-peer services during the campaign.
Rewards Structure: Participants can earn 1–2 USDT per video submission, with additional recognition for top-performing videos, while new users completing specific tasks can access a share of the 100,000 USDT reward pool.
Eligibility and Participation: The November Carnival is open to eligible users in LATAM markets, adhering to Bybit's Terms of Service and local regulations, with no purchase or trading required to participate.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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