$VITE /USDT: Consolidating with Potential Breakout Ahead!
On the 15-minute chart, $VITE /USDT is currently priced at 0.01631, showing a moderate increase in price action. With a key resistance level around 0.01740 and support set at 0.01587, VITE is trading within a defined range, indicating potential for an upcoming breakout.
For this setup, an ideal entry point is around 0.01620, close to the current consolidation zone. Target points for profit-taking are set with a conservative spread to maximize quick gains: TP1 at 0.01680, TP2 at 0.01700, and TP3 aligning closely with resistance at 0.01740.
The stop loss is strategically placed at 0.01580, below the recent support, to limit downside risk. Keep an eye on the MACD and RSI indicators for further confirmation, as any spike in volume could signal the start of a bullish move through resistance.