đ Cryptocurrency Market Update: $VIDT Technical and Market Analysis đCurrent Price:Price: $0.04325 (-5.59%)Trading Data:24h High: $0.0459824h Low: $0.0403624h Volume (VIDT): 91.63M24h Volume: 3.93MTechnical Analysis:Moving Averages:MA(5): 1,588,629MA(10): 1,379,260Recent Price Action:The price has encountered downward pressure, trading below the support level of $0.04036 while testing resistance near $0.04598.Market Sentiment:Market sentiment appears bearish, as indicated by the trading volume of 3,138,935, reflecting decreased interest from investors.Depth Chart Analysis:An analysis of the depth chart shows a lack of significant buy orders, suggesting weak support at current levels.Outlook:Given the negative technical indicators and declining trading volume, we expect VIDT may continue to struggle in the near term. Traders should watch closely for potential recovery signals or further declines.Stay informed and make smart investment decisions! Follow us for more updates on cryptocurrency trends and market insights.#VIDT #CryptoAnalysis #marketupdate" #TechnicalAnalysis #InvestSmart
