📢 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
📉 Price Overview
Current Price: Approximately $3.42 USD
24h Change: Down by 5.67%
24h Range: $3.43 – $3.65
Market Cap: Around $11.4 billion
24h Trading Volume: Approximately $877 million
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📊 Technical Indicators
🔺 Moving Averages (MA)
Short-Term MAs: The price is below the 5-day, 10-day, and 20-day moving averages, indicating short-term bearishness.
Long-Term MAs: The price remains above the 50-day, 100-day, and 200-day moving averages, suggesting a bullish long-term trend.
🔄 Momentum Indicators
MACD: Positive at 0.12, indicating bullish momentum.
RSI (14): Neutral at 50.29, suggesting neither overbought nor oversold conditions.
Stochastic RSI: Low at 10.49, potentially signaling an oversold condition and a possible upward reversal.
Williams %R: At -92.36, indicating the asset is in oversold territory.
📈 Trend Analysis
Recent price action shows a downtrend, with lower highs and lower lows. The price has fallen below key moving averages (MA7, MA25, MA99), signaling continued weakness.
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📌 Key Levels
Support: Around $3.20, a level that has been tested multiple times.
Resistance: Approximately $4.00, a critical level that, if breached, could signal a bullish breakout.
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✅ Summary
The 1-hour chart for SUI/USDT indicates short-term bearish momentum, with the price trading below key short-term moving averages. However, long-term indicators remain bullish. Momentum indicators suggest the asset is oversold, potentially setting the stage for a reversal. Traders should watch for a break above the $4.00 resistance level for confirmation of a bullish trend.