📉 VIB/USDT: Viberate Faces Bearish Decline 🔻
Viberate ($VIB ) is currently trading at $0.09928, down by -11.91% in the last 24 hours, signaling a strong bearish trend. Traders should monitor key levels for potential price reversals or further declines.
Key Levels to Watch:
Resistance:$0.11 (short-term resistance)$0.12 (next major resistance level)Support:$0.095 (immediate support)$0.085 (strong support zone)
Trade Setup:
Short Entry: Consider entering short around $0.10, targeting:$0.095 (immediate support)$0.085 (strong support)Long Entry: If VIB finds support at $0.095 and shows signs of reversal, look for a long entry targeting:$0.11$0.12
Risk Management:
Stop-Loss: $0.105 to minimize potential losses in case of a bullish reversal.
Market Insight: A drop below $0.095 could lead to further downside towards $0.085. However, if it holds $0.095 or shows signs of a reversal, potential long opportunities could arise.
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