$VIB /USDT Breakout in Progress Bullish Momentum Gaining Steam❗
$VIB is currently trading at $0.06891, up by 6.54% in the last 24 hours. The 15-minute chart shows a strong bullish rally after breaking through key levels, with rising RSI and MACD confirming upward momentum.
Key Levels to Watch:
Resistance: $0.0700 – A breakout above this psychological level could propel VIB toward $0.0730 and $0.0750.
Support: $0.0665 – Holding above this level is crucial for maintaining the bullish trend. A failure to hold could lead to a retest of $0.0638.
Indicators Analysis:
RSI (79.36): Overbought, signaling strong buying pressure but warrants caution for potential retracement.
MACD: Positive divergence supports bullish continuation, with a steady increase in momentum.
Trade Setup:
Long Entry: Above $0.0700, targeting $0.0730, $0.0750, and $0.0775. Place a stop loss at $0.0665.
Short Entry: Below $0.0665, targeting $0.0638, $0.0620, and $0.0600. Stop loss at $0.0700.
⚠️ Note: High RSI levels indicate strong bullish sentiment but also suggest potential exhaustion. Trade with tight risk management to secure gains.
#CryptoSignals #VIB