$VTHO
/USDT Technical Analysis and Trade Signals 🚀 🎯
Key Observations:
1. Trend: Strong bullish momentum with a 54.95% increase in price over 24 hours.
2. Bollinger Bands:
The price ($0.003333) is above the upper band ($0.003111), signaling an overbought condition.
Expect potential retracement or consolidation.
3. SAR Indicator: Bullish signal with the price above the SAR value ($0.002601).
4. Volume: High trading activity with 24H volume of 8.51B VTHO, confirming strong interest.
Trade Momentum:
Momentum: Bullish
The high buy-side depth and price position above the Bollinger Bands indicate strong upward pressure.
Trade Signal:
Entry Zone:
Wait for a retracement to $0.003100 - $0.003200 for an optimal entry point.
Aggressive traders may consider entering at the current price ($0.003333).
Targets 🎯:
1. Target 1 (T1): $0.003500
2. Target 2 (T2): $0.003750
3. Target 3 (T3): $0.004000
Stop-Loss (SL):
Place SL below the SAR level at $0.002600.
Risk-Reward Ratio (RRR):
Aim for an RRR of 2:1 or better by adjusting position size.
#COSSocialFiRevolution #BTCBreaks100K? #GaryGenslerResignation #AltcoinNextMove