Technical Analysis: $VIDT

/USDTAs we analyze the VIDT/USDT trading pair, we observe a current price of 0.03418, reflecting an 11.38% decline over the past 24 hours. Let's dive into key technical indicators and identify three target price levels to watch.Key Indicators:Volume: 55,274,631 (5-day MA: 182,743,514)Moving Averages:MA(7): 0.03594MA(25): 0.04176MA(99): 0.04383Target Levels 🎯:1. Target 1: 0.03101

This level serves as a crucial support point. A strong defense here could indicate potential consolidation before a reversal.

2. Target 2: 0.03921

A breakout above this level may signal bullish momentum. Traders should watch for volume spikes as a confirmation for upward movement.

3. Target 3: 0.04742

If the price reaches this resistance level, it will be essential to monitor market sentiment and volume, as a breach could lead to further gains toward the higher moving averages.Conclusion:As the market develops, these target levels will be vital for traders to make informed decisions. Stay updated with market movements and trade wisely!