📊 Market Analysis:

The $VITE /USDT 30-minute chart reveals a breakout from a consolidation phase, signaling bullish momentum. The price is currently testing key support at $0.01800, with resistance near $0.02000. The price action suggests a short-term bullish trend, potentially leading to higher highs if the bullish momentum continues.

📌 Entry Levels:

Long Entry: Around $0.01850, especially if the price retests the support zone.

Targets:

Short-Term Target: $0.02000 (near resistance).

Long-Term Target: $0.02200 (if the bullish trend continues).

Stop Loss: Set at $0.01750 to minimize risk.

💡 Short-Term Play:

Momentum is strong, suggesting that the price might retest the $0.02000 resistance. A successful breakout could propel the price toward $0.02200.

📉 Bearish Scenario:

If the price falls below $0.01750, it could indicate a potential bearish shift, targeting $0.01600 as the next key support level.

📝 Trading Strategy:

Focus on volume confirmation before entering the market.

Watch for potential breakouts or failed retests of resistance to spot clear trading signals.

Current Price: $0.01618 (-4.65%)

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