VIB/USDT Technical Analysis
Current Price: $0.08301 (+10.02% in 24h)
Trend: Bullish - The price has shown a strong upward momentum, with the 24-hour high reaching $0.08537.
Support Level: $0.07732 (SAR Indicator)
Resistance Level: $0.08537 (recent 24h high)
Key Indicators:
RSI: Neutral to Bullish – Suggests further upward potential, but watch for overbought conditions.
MACD: Bullish crossover observed, indicating sustained upward momentum.
Volume: Strong trading volume of 96.28M VIB and 7.75M USDT, indicating high market activity.
Trade Signal:
Buy Signal: Enter near the current price of $0.08301, as the trend shows bullish momentum and the price is above key support levels.
Target Levels 🎯:
1. Target 1: $0.08579 – Test of resistance near 24-hour high.
2. Target 2: $0.08800 – Next psychological resistance level.
3. Target 3: $0.09000 – Strong upward breakout possible.
Momentum:
The price is trending upward, and with continued volume support, there is strong momentum for further gains.
Stop Loss: $0.07700 (below the SAR level) to manage risk.
Conclusion: Bullish trend with targets above $0.08579, supported by strong volume and technical indicators. Keep an eye on resistance levels and adjust the stop loss accordingly to lock in profits.
