$VIB

/USDT Technical Analysis and Trade Signal

Current Price: $0.0866 (up 7.39%)

24h High: $0.09101

24h Low: $0.07816

24h Volume (VIB): 66.81M

24h Volume (USDT): 5.61M

Key Indicators:

RSI (Relative Strength Index): Moderately bullish, indicating potential upward momentum, though approaching overbought levels.

MACD (Moving Average Convergence Divergence): Currently in a bullish crossover, signaling continued upward movement.

Volume: Healthy volume suggests continued interest in the pair and a stable trend.

Support Level: $0.08000 (previous low and consolidation zone).

Resistance Level: $0.09100 (recent high and key resistance zone).

Trade Signal:

Trend: Bullish (Currently in an upward trend, breakout above $0.08784 and $0.09000 would confirm continued momentum).

Stop Loss: $0.08000 (just below recent support).

Buy Entry: $0.0865–$0.0870

Target Levels:

Target 1: $0.09000 (first resistance level, potential minor retracement).

Target 2: $0.09150 (near previous high, potential breakout level).

Target 3: $0.09500 (if momentum sustains, next psychological level and resistance).

Trade Momentum:

The momentum is positive, but be cautious near the upper resistance around $0.091. Watch for potential retracements or consolidation around that level before price can break further.

Risk Management: Ensure proper stop loss placement to protect profits, especially if price struggles near the $0.091 resistance zone.

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