Today another delisting announcement was made, in connection with which I warned against working with coins of the monitoring tag in the first half of the week. Now the coins that were not included in the announcement are becoming interesting. First of all, this is VITE, which is the most oversold at the moment. Last week, a signal was left for a further re-high and a probable test of the key level of 0.025, opening the way to 0.035-50. Considering the assignment of the monitoring tag, I do not think that the price will easily consolidate above this level, despite the strong signal for a retest near 0.035.
So far, the most likely scenario is a test of the flat range of 0.0225-75 with a further rebound and determination of the level of closing the year depending on the overall market dynamics. The month opened above 0.014, the second half of the month is above 0.015, which are also signals for growth to 0.02+. The zone for gaining positions is the flat range of 0.014-16 near the key level of 0.015. In the absence of a deeper drawdown in the tops today, the weekly candle will begin to reverse to the bullish one today and we will not see prices lower than the current ones for VITE. In the event of an additional market drawdown after the decision on the US interest rate, VITE will probably compensate for the market drawdown quite effectively, due to the high growth potential and after the flat it will give a breakout already on Thursday-Friday against the background of the general market growth in the second half of the week.
When testing 0.025, it is worth closely monitoring the dynamics, as there is a possibility of a breakout immediately at 0.035 within the framework of the annual candle reversal. But even in the absence of consolidation above the level, the current wave of growth can bring up to 75% profit.
Also, from the coins with the monitoring tag, HARD and FIRO may show pleasant growth waves, although they currently have lower targets of up to 30-50%.
VITE with a growth target of 0.025 and VIB with a target of 0.15 are the most oversold coins on Binance that have not yet shown a reversal of the annual candle, which may return them to the top of growth in the coming days, similar to last week. As I have repeatedly written about most of the overbought coins that have been on everyone's lips for the last two months and have shown significant growth, the probability of continued sales prevails until the beginning of the new year.
