$VIB
/USDT Steady Breakdown Momentum Continue 💯 💥 📈
Market Insight:
Current Price: $0.10032 (down -0.26% from the previous price)
24h High: $0.11549
24h Low: $0.09700
24h Volume (VIB): 116.13M VIB
24h Volume (USDT): 12.38M USDT
The price is near the lower end of its 24-hour range, hinting at potential support near $0.09700.
Entry Strategy:
Long Entry: Consider entering long if the price approaches $0.09700 and shows signs of reversal (e.g., bullish candlestick patterns like a hammer or engulfing).
Confirmation: A move above $0.1020 could indicate a bullish shift, confirming a potential uptrend.
Exit Strategy:
Target 1: $0.1050 (short-term resistance)
Target 2: $0.1100 (near the 24h high)
Stop Loss: Below $0.0960 to protect from further downside risk.
Risk Management:
Keep position size to 1-2% of your capital.
Use a trailing stop to lock in profits as the price moves higher.
VIB is near key support, making it a potential candidate for a reversal. Look for confirmation signals before committing to the trade.
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