$VITE $VITE
Professional Analysis of $VITE /USDT Chart
Support and Resistance Levels
- **Support Levels:**
- **$0.01116:** This level is indicated by the recent low in the chart.
- **$0.01090:** This is the 24-hour low and a significant support level.
- **Resistance Levels:**
- **$0.01245:** This is the 24-hour high and a significant resistance level.
- **$0.01360:** This is a recent high on the chart and another resistance level.
#### Entry Signal
- **Entry Point:** Consider entering a long position at the current price of $0.01203.
- **Stop Loss:** Set a stop loss slightly below the support level at $0.01116 to minimize potential losses.
- **Take Profit Levels:**
- First Take Profit: $0.01245 (24-hour high)
- Second Take Profit: $0.01360 (recent high)
### Technical Indicators
- **Moving Averages:**
- MA(7): $0.01143
- MA(25): $0.01133
- MA(99): $0.01197
- **Volume:**
- Current Volume: 116,509,609.2
- MA(5): 49,967,567.6
- MA(10): 38,756,348.4
### Summary
The chart shows a bullish trend with the price currently above the short-term moving averages (MA(7) and MA(25)). The volume is also relatively high, indicating strong trading activity. The entry signal is at the current price of $0.01203, with a stop loss at $0.01116 and take profit levels at $0.01245 and $0.01360. 📈
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