$VIC /USDT-Neutral to Bullish Above $0.24

Current Price: $0.240279

24h Change: +0.06109%

24h Volume: ~$14.0M

Resistance: $0.245

Support: $0.226

VIC is currently trading at $0.240279, showing a slight increase of 0.06109% in the last 24 hours. The price remains above the key support level of $0.24, indicating a neutral to bullish trend. Resistance is observed around $0.245, while support is near $0.226.

Fibonacci Levels: Retracement Status & Price Zones

0.236 Retracement: Approximately $0.245

0.382 Retracement: Around $0.240

0.5 Retracement: Near $0.235

0.618 Retracement: Close to $0.230

These levels suggest that VIC is testing the 0.236 retracement level, indicating a potential for upward movement if the support at $0.24 holds.

RSI: 58.72 – Neutral Momentum

The Relative Strength Index (RSI) is currently at 58.72, indicating that VIC is neither overbought nor oversold. This neutral stance suggests room for upward movement, especially if the price maintains above key support levels.

Entry Zones

Safer Entry: Consider entering around $0.240 with a stop-loss below $0.235.

Aggressive Entry: A breakout above $0.245 could offer an entry point with a stop-loss near $0.240.

Take-Profit Zones

TP1: Target around $0.250, aligning with previous resistance zones.

TP2: Aim for $0.260, a psychological resistance level.

Stop-Loss Ideas

Conservative: Place a stop-loss at $0.235 to account for potential market fluctuations.

Tight: Set a stop-loss near $0.240 to minimize risk, but be aware of potential volatility.