$VIDT /USDT – Breakdown Brewing Below Key Support! 🚨
Current Price: $0.02310 (+4.34%)
Market Summary:
After a sharp intraday push to $0.0273, VIDT has retraced steadily with a series of lower highs. Price is now testing the key $0.0230 support zone, which, if broken, could trigger a deeper correction.
Key Levels:
• Resistance: $0.0246 / $0.0260
• Support: $0.0230 (critical), $0.0216 (24H low)
• 24H Range: $0.02165 – $0.02733
Short Trade Setup:
• Entry Zone: $0.0230 – $0.0233
• Targets:
◦ TP1: $0.0220
◦ TP2: $0.0210
◦ TP3: $0.0202
• Stop Loss: $0.0244
Market Insight:
Volume dropped on the recent bounce while selling pressure intensified near resistance. Bears are eyeing the $0.0230 zone as a breakdown trigger. A close below this level on the 15m chart opens room for momentum shorts.
Pro Tip:
Wait for confirmation via candle close under $0.0230 with rising volume before entering. Consider scaling in with partial size if retested from below.
CTA:
VIDT looks weak near support—breakdown setup loading! Ride the momentum down with discipline—short smart, manage tight!
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