VIDT/USDT Trading Signal:

🔍 Pattern Analysis:

➖The chart shows a Falling Wedge breakout, a bullish pattern, typically signaling a potential upward movement.

➖The price has rebounded from the wedge's bottom trendline, indicating a likely reversal.

📈 Fibonacci Targets:

➖First target: 0.03790 USDT (+187.65% increase).

➖Second target: 0.06532 USDT (+323.41% increase).

➖Final target: 0.18159 USDT (+899.15% increase).

💡 Conclusion:

➖The breakout from the wedge formation suggests a strong upward momentum, with significant gains potentially in store as targets based on Fibonacci retracement levels.

➖Volume confirms the price action, supporting the bullish outlook.

➡️Signal: Buy ✅

➖Stop Loss:Consider setting at 0.02158 USDT to protect against downside risk.

⚠️Disclaimer: DYOR and NFA