$VITE currently trades at 0.00086 USDT, suggesting a bearish market structure.
The support at 0.0008 USDT is crucial, as a drop below it may indicate further declines.
A potential trading strategy could involve a pullback entry above the resistance level at 0.00212 USDT.
However, be cautious of high volatility due to Bitcoin's movements and broader macroeconomic factors impacting investor sentiment.
