$VITE Next target analysis:
For VITE/USDT, given the recent breakout and momentum, here’s a simple target analysis:
1. Immediate Resistance: The recent high of around 0.01800 acts as the immediate resistance level. If VITE can break and hold above this level with strong volume, it could signify a continuation of the bullish trend.
2. Next Target Zone: If the price sustains above 0.01800, the next target zone could be in the range of 0.020 to 0.022. This level is often a psychological level for traders and could attract some profit-taking.
3. Pullback Support Levels: In case of a retracement, immediate support lies around 0.01400 (current price level) and 0.01200. The EMA(25) level around 0.01131 also provides additional support.
Summary
Target for Upside: 0.01800 (short-term) and then 0.020 - 0.022 (if breakout continues).
Support in Case of Pullback: 0.01400, 0.01200, and EMA(25) around 0.01131.
Watch the volume and RSI closely as these levels approach to determine the likelihood of reaching or surpassing these targets.