$VTHO /USDT Analysis – Testing Key Support
Current Price: $0.004815 (-0.91%)
24H Range: $0.004400 - $0.005260
Market Overview
$VTHO has pulled back after reaching its 24-hour high of $0.005260. The RSI sits at 34, indicating bearish momentum and nearing oversold conditions, which could suggest a possible rebound.
Key Levels to Watch
Resistance: $0.004950, $0.005200
Support: $0.004700, $0.004400
Bullish Scenario
Entry: $0.004750 (upon confirmation of support)
Target 1: $0.004950
Target 2: $0.005200
Stop Loss: $0.004650
Bearish Scenario
Entry: $0.004700 (if support fails)
Target 1: $0.004600
Target 2: $0.004400
Stop Loss: $0.004800
Market Insight
The price is consolidating near the $0.004800 support zone. A breakout above $0.004950 could indicate a short-term bullish reversal, while a breakdown below $0.004700 might trigger further downside. Monitoring volume and MACD for confirmation is crucial.