๐ข Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) โ compete for a 70,000 WXTM prize pool!
๐ฏ 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 assetsโlike collectibles or in-game itemsโunlock new business opportunities for creators.
๐จ Event Period:
Aug 7, 2025, 09:00 โ Aug 12, 2025, 16:00 (UTC)
๐ How to Participate:
Post original content on Gate Square related to WXTM or its
#NERO Posting Challenge# #NERO#
NERO/USDT: A Strong Test Ahead โ Whatโs Next?
Looking at the current NERO/USDT chart, the price is holding steady around $0.012. The price action has been range-bound, staying between $0.0117 and $0.0128 over the past 24 hours. The market is in a waiting game right now, with no major push from bulls or bears.
If we look at the EMA indicators, the 5-day EMA is sitting just above the 20-day EMA, showing a potential short-term bullish bias. However, the price is below both EMAs right now. This indicates that while there is some upward pressure, the longer-term trend is still unclear. For confirmation, we need the price to break above the 20-day EMA and hold for a few days.
Volume has been consistent, but not enough to trigger a major breakout. We need to see an increase in buying volume for a bullish move. If volume picks up, we could see the price test higher levels. The next major resistance is around the $0.015 level. On the downside, support lies around $0.011.
Fibonacci Levels are also giving us an interesting view. The 23.6% retracement level is holding strong around $0.012, and if this level breaks, we could see a move to the 38.2% level at $0.0105. A bounce off $0.012 would signal that the market is still in an uptrend, but if it breaks lower, we could see a deeper correction.
Market Prediction: If NERO breaks above the $0.015 level with solid volume, we may see a run toward $0.02. However, if it fails to break the current resistance, we could see a drop to the $0.011 or even lower.
Trading Strategy: A good strategy for now is to buy at support around $0.0118 and sell if the price breaks $0.015. Watch the volume closely to confirm the direction.