The $VITE /USDT trading pair has broken out, signaling strong bullish momentum. Currently trading at $0.01359, buyers have successfully surpassed critical resistance levels, offering a compelling setup for traders.

Trading Plan

Entry Zone: $0.01350 - $0.01360

Target 1: $0.01400

Target 2: $0.01450

Stop Loss: $0.01300

Analysis

Breakout Confirmed: The price has reclaimed the previous resistance zone, which is now acting as support.

Bullish Continuation Likely: Sustained buying pressure suggests $0.01450 is achievable in the near term.

Technical Indicators: RSI and volume indicate strong upward momentum, supporting further gains.

Trading Advice

Profit Management: Take partial profits near Target 1 ($0.01400) and move the stop loss to breakeven to minimize risk.

Risk Management: Stick to your stop-loss strategy to safeguard against volatility.

Market Monitoring: Keep an eye on key resistance levels and broader market sentiment, as high volatility could trigger sudden price shifts.

Stay disciplined and trade responsibly.

VITE at $0.01344, up 7.17% on the day.

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