$VIB /USDT: Strategic Market Update & Trade Levels!šÆš„
The VIB/USDT chart reflects bullish momentum with a current price of $0.08147 (+10.81%). After reaching a 24-hour high of $0.08537, the price retraced slightly, presenting opportunities for both long and short trades.
š Market Analysis:
ā¢ Support Zone: Strong buyer interest near $0.07800 - $0.07650.
ā¢ Resistance Zone: Price is testing resistance at $0.08450 - $0.08550, a breakout above which could lead to a strong upward rally.
š Trading Strategy:
1. Long Entry: Ideal buy-in near the support zone $0.07800 with targets at $0.08350 and $0.08750. Maintain a stop-loss at $0.07500.
2. Short Entry: If the price fails to sustain above $0.08450, consider shorting near $0.08350, targeting $0.07900 with a stop-loss at $0.08600.
š Next Move:
ā¢ A break above $0.08550 could push the price towards $0.09000, supported by rising trading volume.
ā¢ However, a failure to maintain upward momentum might lead to a consolidation phase between $0.07800 and $0.08400.
Stay vigilant and monitor market conditions closely. Secure partial profits as the price approaches key resistance zones, and always adjust stop-loss levels to protect gains.
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