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Guilherme Molarino
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Bullish
Analysis for the next 24 hours $VET
Positive Points
RSI (Relative Strength Indicator):
RSI(6): 44.74 ,RSI(12): 35.35 ,RSI(24): 38.33 —
Current Price Relative to All-Time High:
The current price ( $0.047 )$0.2782 ), the majority
High Liquidity:
24h volume of $24.6M USDT and 511.67M VET indicates good liquidity, allowing for fast movement.
Current Price Near Support:
The 24h low was $0.04611 , and the support was not broken, indicating some stability.
Conclusion
Risk Profile: Moderate to high.
Decision for the Next 24h: Buy: If the support at $0.046 holds, and the price starts to show signs of recovery. RSI suggests that selling pressure may be exhausting.
Avoid or Sell: If the price falls below $0.046, it reduces the possibility of continued bearishness
Recommended Strategy
Suggested Entry: Near $0.0465, with an initial target at $0.050 and stop-loss at $0.0455 to limit losses.
Risk Management: Use only a small portion of capital to avoid overexposure in a downtrend market.
Positive Points
RSI (Relative Strength Indicator):
RSI(6): 44.74 ,RSI(12): 35.35 ,RSI(24): 38.33 —
Current Price Relative to All-Time High:
The current price ( $0.047 )$0.2782 ), the majority
High Liquidity:
24h volume of $24.6M USDT and 511.67M VET indicates good liquidity, allowing for fast movement.
Current Price Near Support:
The 24h low was $0.04611 , and the support was not broken, indicating some stability.
Conclusion
Risk Profile: Moderate to high.
Decision for the Next 24h: Buy: If the support at $0.046 holds, and the price starts to show signs of recovery. RSI suggests that selling pressure may be exhausting.
Avoid or Sell: If the price falls below $0.046, it reduces the possibility of continued bearishness
Recommended Strategy
Suggested Entry: Near $0.0465, with an initial target at $0.050 and stop-loss at $0.0455 to limit losses.
Risk Management: Use only a small portion of capital to avoid overexposure in a downtrend market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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