📢 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
WCT/USDT asset analysis on the daily timeframe:
📊 General chart overview:
Current price: $0.3745
The asset is trading inside the ascending channel, which indicates a short-term bullish trend.
The price has consolidated above the moving averages MA(7) and MA(25), which confirms the growing interest.
📌 Key levels:
Resistance: $0.3911 — the upper border of the Ichimoku Cloud + the top of the channel.
Support:
Local: $0.3609 (MA 25 and the lower border of the cloud).
Main: $0.3531 and $0.3233 — the ascending trend line.
🔍 Indicators:
Ichimoku Cloud:
The price is now inside the cloud, which indicates a phase of uncertainty.
An upward breakout will confirm a change in trend to a steadily bullish one.
Parabolic SAR: Below the price ($0.3233) — a signal for continued growth.
MA(7), MA(25), MA(99): The price is above all three averages — a technically strong position of buyers.
BB (Bollinger Bands): Expanding, indicating possible volatility.
🧭 Scenarios:
Bullish:
— Consolidation above $0.39 with volume may lead to growth to $0.44–$0.50.
Bearish:
— A breakout of the lower channel border ($0.353–$0.323) may initiate a return to $0.30 and below.
✅ Conclusion:
WCT/USDT demonstrates local strength, but is in the uncertainty zone (Ichimoku cloud). The key level is a breakout of $0.39. As long as the price stays in the channel, the bullish priority remains.