🔴 $VIC USDT BEARS PRESSURING – IS THE SELL-OFF DONE?
$VIC Current Price: $0.2959 (-1.63%)
🔑 Key Levels:
Resistance: $0.3200 (immediate), $0.3500 (major)
Support: $0.2800 (strong), $0.2637 (24h low)
📉 Market Explanation:
VIC has been in a downtrend from the $0.3700 high, creating lower highs and lows on the 1H timeframe. The price is currently testing the $0.2900 zone. If this support fails, further downside towards $0.2637 is likely.
🎯 Trade Setup (Short Entry):
Entry Zone: $0.2950 – $0.3000
Targets:
TP1: $0.2800
TP2: $0.2700
TP3: $0.2630
Stop Loss: $0.3100 (above immediate resistance)
📊 Market Outlook:
Bearish bias remains strong unless bulls reclaim above $0.3200 with volume to reverse the trend.
⚠️ Risk Management:
Use strict stop loss and risk only 1-2% per trade to manage volatility.
💬 Comment 🔻 if you think VIC will drop further this week.
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