$VITE
/USDT - Technical Analysis & Trade Signal
Current Price: $0.01387 (+5.72% in 24h)
Technical Overview:
Trend: Bullish momentum observed with upward movement in the past 24 hours.
Support Levels:
First Support: $0.01310
Second Support: $0.01300
Resistance Levels:
First Resistance: $0.01400
Second Resistance: $0.01440
Third Resistance: $0.01450
RSI (Relative Strength Index): Neutral-to-bullish (rising momentum, possible overbought zone soon).
MACD: Showing positive crossover, indicating bullish momentum.
Trade Signal:
Entry Point: Around $0.01380 (Current market price)
Target Levels:
First Target: $0.01400 (+0.9% potential)
Second Target: $0.01420 (+2.4% potential)
Third Target: $0.01450 (+4.5% potential)
Stop Loss: $0.01300 (Below major support)
Momentum:
Moderate bullish momentum with upward price action and recent gains. Momentum is supported by a strong upward trend, but caution is advised if the price reaches the overbought zone.
Recommendation: Traders could look for an entry point near the current price and target upward movements, while keeping stop losses below the key support level at $0.01300.