$VTHO /USDT Price Analysis: Bullish Momentum with Key Resistance Ahead

SHIB
Created with Highcharts 9.1.1
0.002946
-1.80%

$VTHO /USDT is trading at 0.006080, showing a strong gain of 24.62% over the last 24 hours. After touching a daily high of 0.006830, it has retraced slightly, indicating potential consolidation before its next move.

Key Resistance Levels:

0.006830: Immediate resistance; breaking above could signal a continuation toward new highs.

0.007000: A critical level where bullish momentum might encounter selling pressure.

Key Support Levels:

0.005800: First support zone to watch; a break below may lead to a pullback.

0.005570: Strong support that needs to hold to maintain the bullish trend.

Trade Setup:

Bullish Scenario:

Entry: Above 0.006830

Targets: 0.007000, 0.007300

Stop Loss: 0.006500

Bearish Scenario:

Entry: Below 0.005800

Targets: 0.005570, 0.005300

Stop Loss: 0.006000

#VTHO