$VIB
/USDT Technical Analysis and Trade Strategy🔥🎯🚀
Current Price: $0.09461 (+13.88%)
24h Range: $0.07904 - $0.10500
Technical Indicators:
1. Moving Averages (MA):
50-MA (15m): Price is currently trading above this line, indicating short-term bullish momentum.
200-MA (1h): Price remains above the 200-MA, confirming a broader uptrend.
2. Bollinger Bands (15m):
Price is near the upper Bollinger Band, suggesting potential overbought conditions but still bullish.
3. MACD (15m):
MACD line above the Signal line, indicating a continued bullish trend.
4. SAR (Stop and Reverse):
Dots are below the price, confirming the uptrend.
Trade Setup:
Entry Point: $0.093 - $0.095 (on slight pullback to improve risk-to-reward).
Stop-Loss: $0.087 (below recent support).
🎯 Target Keys:
1. Target 1: $0.105 (24h High / Resistance Level)
2. Target 2: $0.112 (Next Resistance Level based on historical data)
3. Target 3: $0.125 (Psychological Level and Fibonacci Extension)
Risk Management:
Risk-to-Reward Ratio: 1:2 or better.
Capital Allocation: Moderate exposure (due to recent volatility).
This setup capitalizes on the current momentum while managing risk effectively.