📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
📉 Technical Analysis of the asset C/USDT: Descending Wedge 📈
The chart is forming a "descending wedge" pattern, which is often considered a bullish reversal pattern. Two converging downward trend lines narrow the price movement — a potential signal for a breakout upward.
📊 Indicators:
MA 7, 25, 99: The price is below all MAs, confirming a downward trend; however, MA 7 crosses MA 25 from below to above — a possible early reversal.
Ichimoku: Price is below the cloud, which strengthens the bearish scenario. Chikou Span is below the price - the trend is still downward. However, the thin cloud may herald an imminent impulse.
🔍 Key levels:
Support: 0.2981 – 0.2947 — possible bounce zone.
Resistance: 0.3063 – 0.3058 + upper boundary of the wedge + MA + Kumo.
📌 Withdrawal:
The trend is still bearish, but the descending wedge + thin cloud indicate a chance of a reversal upwards.
Break above 0.3063 and the trendline = long signal.
Break below 0.2947 = continuation of the decline.
⚠️ DYOR. Not financial advice.