$VITE Will hitt 0.02$:

To assess whether VITE/USDT could reach 0.02, here’s a quick breakdown:

1. Momentum and Trend: The current chart shows strong bullish momentum, as indicated by the recent price spike. This momentum is a positive sign that VITE may continue to rise, potentially hitting the next resistance at 0.018 and, if that level is broken, 0.02.

2. Overbought Indicators: Both RSI (88) and Stochastic RSI (near 99) are very high, suggesting that VITE is in an overbought zone. This could lead to a short-term pullback or consolidation before any further upward movement, as high RSI often signals a temporary pause.

3. Volume: The recent spike in volume supports the upward trend, showing strong buying interest. Sustained volume would be key for a continued move up to 0.02.

Simple Analysis

Path to 0.02: If the price can hold above 0.014 and break through 0.018 with strong volume, 0.02 is achievable in the short term.

Risk of Pullback: Due to overbought conditions, there’s a chance for a pullback before testing 0.02, possibly to support levels around 0.014 or 0.012.

In summary: VITE could hit 0.02 if buying pressure remains strong and the price clears 0.018. However, a short-term pullback is also possible given the overbought indicators.