🚀 $VITE /USDT Technical Analysis 🚀
Current Price: $0.01371 (+9.07% in 24h)
Timeframe: 30m Chart on Binance
$VITE has shown a significant increase in price, breaking out from recent consolidation and hitting a 24h high of $0.01454. The current movement suggests bullish momentum with potential for further upside.
Key Levels and Targets
1️⃣ Immediate Resistance: $0.01400
A break above this level could confirm bullish momentum.
2️⃣ Next Target Zone: $0.01500
Psychological resistance and a critical zone to watch for further upside movement.
3️⃣ Long-term Target: $0.01700
A significant target indicating continued strong buying pressure and momentum.
Trading Strategy
Short-term traders: Look for entry opportunities near $0.01350 with targets at $0.01400 and $0.01500.
Long-term investors: Accumulate at current levels with a focus on $0.01700, ensuring proper stop-loss levels.
📌 Support Levels:
Immediate support at $0.01300, with a stronger base at $0.01250.
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Recommendation
Secure partial profits as the price approaches resistance levels. Monitor trading volume for breakout confirmations, and adjust stop-loss levels to safeguard gains during pullbacks.