📢 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.
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🎨 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
🔍 Analysis of the asset LAUSDT (Lagrange) — support or final capitulation? 💥
On the 8-hour chart of LAUSDT, a key phase is observed — the asset has approached a strong support area 🟣 in the zone of $0.32–$0.33, which has previously withstood selling pressure several times. This is an area of interest where positions were previously accumulated 📊.
📉 The downward trend remains dominant, confirmed by the resistance trend line (blue). Each breakout attempt results in a pullback. However, it is interesting to note that the price is no longer setting new lows, which may indicate the formation of a local bottom 👀.
☁️ Ichimoku indicators signal strong resistance ahead — the price is below the cloud, and the line crossings indicate ongoing bearish pressure. However, the distance to the cloud is decreasing, which may herald an attempt to change the trend 🚦.
📉 SMA 7 and SMA 25 are above the current price, confirming short-term weakness. However, this could also become fuel for a future rebound: upon breaking the trend line, a quick move to $0.34–$0.36 is possible. 🚀
📌 Key levels:
🔻 Support: $0.3220–$0.3280 (interest zone for bulls)
🔺 Resistance: $0.3460 / $0.3600 ( when breaking the trend line )
❗️ Potential risk zone: a breakout down below $0.3180 may lead to accelerated decline
🧠 Conclusion: the asset is at a decisive level. A breakout of the descending trendline with a close above $0.34 could trigger a reversal 📈. It's important to monitor the volumes and price reaction in the support zone. The market is waiting — movement may begin soon ⚡️