$VIB

Trading Strategy

1. For Buyers:

Entry: Consider entering if the price holds above $0.09700, especially if it bounces back from the low.

Target: $0.09857 (MA(7)) and $0.09953 (MA(25)) as short-term resistance levels.

Stop Loss: Below $0.09700 (support zone).

2. For Sellers:

Entry: Consider shorting near $0.10664 or if the price struggles to reclaim the $0.09953 MA.

Target: $0.09700 (support) and potentially $0.095 (if the downtrend continues).

Stop Loss: Above $0.11065.

3. For Swing Traders:

Watch for potential consolidation between $0.097–$0.106 to determine breakout direction.

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Outlook

Bearish Scenario:

A continuation below $0.09700 could push towards $0.095 or lower.

Bullish Scenario:

A rebound from $0.09700 with a push above $0.09857 could test the $0.09953 level.

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