$VITE $VITE

$VITE /USDT Analysis and Trading Setup

Market Snapshot:

1. Current Price: $0.01278 (-9.55%).

2. 24h Range: $0.01270 (Low) – $0.01540 (High).

3. Volume:

VITE: 602.05M.

USDT: 8.40M.

4. Key Moving Averages (MA):

MA(7): $0.01356 (short-term resistance).

MA(25): $0.01309 (intermediate resistance).

MA(99): $0.01150 (long-term support).

5. Volatility:

Price shows bearish momentum, moving below key short-term MAs.

Resistance Levels:

Primary Resistance: $0.01356 (MA(7)).

Secondary Resistance: $0.01309 (MA(25)).

Critical Resistance: $0.01540 (24h high).

Support Levels:

Immediate Support: $0.01270 (24h low).

Stronger Support: $0.01150 (MA(99)).

Trading Setup

Entry Levels:

1. Aggressive Entry (Breakout Short): Near $0.01356 (MA(7)).

2. Conservative Entry: Near $0.01540 (24h high) if price attempts a rebound.

Stop-Loss:

For $0.01356 entry: Set stop-loss at $0.01380.

For $0.01540 entry: Set stop-loss at $0.01570.

Take-Profit Targets:

First Target: $0.01278 (current price level).

Second Target: $0.01270 (24h low).

Final Target: $0.01150 (long-term support).

Indicators Analysis:

MACD: Bearish crossover, indicating continued downward momentum.

Bollinger Bands: Price near lower band, signaling potential oversold conditions but room for further decline.

SAR: Bearish trend confirmed.

Trade Summary:

Entry Zone: $0.01356–$0.01540.

Stop-Loss: $0.01380–$0.01570.

Targets: $0.01278 → $0.01270 → $0.01150.

This setup anticipates resistance holding at $0.01356 or $0.01540, with price correcting toward support zones. Maintain a risk-reward ratio of 1:2 or higher for optimal returns.

#USUALonLaunchpool&Pre-Market #NextMarketMoves #WorldLibertyXChainlink #Binance240MUsers #write2earn