$VIB /USDT Trading Signal - Potential Reversal

Current Price: $0.08361

24H Range: $0.08169 - $0.09407

Analysis:

VIB is currently down 8.59% in the last 24 hours, approaching an oversold zone with slight recovery attempts near $0.08169. The price remains below EMA(25) and EMA(99), confirming a bearish trend. EMA(7) at $0.08378 is acting as a near-term resistance.

Potential Setup:

Entry Zone: $0.0830 - $0.0840

Targets:

Target 1: $0.0855

Target 2: $0.0870

Target 3: $0.0900

Stop Loss: $0.0805

Observation:

Breakout above $0.0840 may signal a short-term upward retracement. A failure to hold above $0.0830 could lead to a retest of the $0.08169 support level.

Actionable Advice:

Monitor volume closely at the $0.0835 level for entry confirmation.

Consider trailing stop-loss near $0.0825 to protect gains as the price moves upward.

#CryptoTrading #VIBUSDT #USJobOpeningsSurge #MicroStrategyAcquiresBTC #NonFarmPayrollsImpact