Technical Analysis for $VIB

/USDT

Current Price: $0.08978 (+7.95% 24h Change)

Trend: The current price is showing an upward momentum, supported by the SAR indicator at $0.09160, signaling potential continuation of bullish momentum.

Resistance: The nearest resistance level is at $0.09282, followed by $0.09341.

Support: Key support is found at $0.08477, with another support zone around $0.07904.

Volume: 65.66 million VIB traded in the last 24 hours, indicating healthy liquidity.

Trade Signal:

Trade Type: Bullish

Entry Point: Enter at $0.08978 or on a small dip near $0.08909 for better risk-reward.

Target Levels 🎯:

1. Target 1: $0.09282 (Immediate resistance)

2. Target 2: $0.09341 (Next resistance level)

3. Target 3: $0.09500 (Psychological resistance)

Momentum:

The momentum appears bullish, with price trending above key support and the SAR suggesting continued upward movement. However, the risk of price pullbacks remains, so setting stop losses at $0.08477 or below would be prudent to manage risk.

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