VIC single-day surge of 74%! Technical indicators hit the ceiling, is the bull market's charge signal already ringing? Arrange immediately!
Current VIC price 0.3024 USDT, 24-hour surge of 74%, but trading volume shrank by 33%, facing short-term pullback pressure. It is advised for aggressive traders to buy on dips (entry at 0.30), stop loss at 0.28, target at 0.35, risk-reward ratio of 2.5. Risk: Under high volatility, it may break support, position should be <2%.
Technical analysis:
• Price status: Bollinger Bands position at 52.43% (upper middle band), indicating the price is strong but not overbought; MA200 deviation at 73.53%, significantly above the moving average, suggesting overbought risk; holding cost deviation at 62.92%, most holders are in profit, which may trigger profit-taking.
• Market strength: 24-hour trading volume ratio is only 0.33, shrinking volume rise indicates weakening momentum; open interest surged 719% in 24h, long-short ratio rose to 1.29, major funds' competition intensifies; no major news, market sentiment driven by FOMO.
• Key levels: Support at 0.2137 (Bollinger lower band), resistance at 0.3829 (Bollinger upper band); liquidity trap at 0.7 (sell orders 408k USDT), buy-sell pressure ratio of 1.37 (buying dominant), but near area sell orders exceed 1761 USDT, increasing pullback risk.
Market cycle analysis: Mid-stage acceleration in a bull market, but short-term overbought signal (MA200 high deviation) may trigger a technical pullback.
Trading strategy:
• Entry point: 0.30 (aggressive pullback buy) or 0.25 (conservative waiting for support confirmation).
• Stop loss point: 0.28 (below recent support).
• Target level: 0.35 (testing Bollinger upper band).
• Risk-reward ratio: 2.5.
Risk warning: Market risks include insufficient liquidity (such as 0.7 selling pressure area), negative funding rates (-0.0016) indicating a short squeeze; strategy invalidation conditions: price drops below 0.21 requires stop loss; avoid low liquidity periods in operation, single trade risk <2% of total funds.
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