📢 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
Shiba Inu coin price breakdown risk: whales and weakened momentum point to a big dump! This article summary is generated by AI. Shiba Inu coin (SHIB) is facing a significant price drop risk due to bearish technical signals, whale sell-offs, and weak market support. A breach of key support levels could trigger a sharp decline in August 2025. Shiba Inu coin (SHIB) is at a critical moment, with its price teetering on the edge of a breakdown. As key technical and on-chain indicators flash red, the resonance of whale sell-offs and weakened market momentum suggests that this popular meme coin may face a significant drop in August 2025. Is SHIB about to experience a sharp drop, and what are the key levels to watch? Breakdown flag: a bearish pattern is forming 📉 SHIB's price is currently testing the downward trend line of a flag pattern. A decisive breach of this support level will trigger a complete breakdown pattern, which is a key technical indicator signaling an upcoming decline. This bearish signal is further reinforced by the weakened intensity of the overall market trend. The Average Directional Index (ADX) has weakened, indicating a retreat in bullish momentum. Without strong buying interest to reverse this trend, the price faces a high risk of flipping and initiating a new bearish phase. Whale exodus and weak support: a dangerous combination 💸 On-chain data reveals a very concerning trend: large holders, or "whales," have systematically sold off their SHIB positions over the past 30 days, with holdings decreasing by more than 181% in the past month. This ongoing whale exodus is a strong bearish indicator as it injects significant selling pressure into the market. Furthermore, global inflow and outflow data indicates that there is almost no strong support below the current price range of US$0.000012–$0.000013. This lack of strong buyers at low levels suggests that if the price breaks below US$0.000012, it may quickly plummet to US$0.000008, as there are almost no buyers to absorb the selling pressure. Conclusion: The price of Shiba Inu coin faces severe breakdown risks in August, primarily due to the combined effects of the bearish flag pattern, significant whale exodus, and weakened trend momentum. The lack of strong support at the current price levels makes a sharp decline a very real possibility once the price breaks below US$0.000012. To avoid this potential drop, Shiba Inu coin needs a surge of buying interest to offset the current bearish signals. Until then, extreme caution is warranted. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Be sure to do your own research (DYOR) and consult with a professional financial advisor before making any investment decisions.