$VIC has surged 34.01% over the past 24 hours, reaching highs of 0.5287.
Current price is approaching the upper Bollinger Band at 0.5503, indicating potential overextension.
Support is located at 0.3019, and resistance remains at 0.5287.
Volatility is likely expanding, suggesting strong market movements.
Consider placing a stop-loss just below the support level to manage risk.
Traders should wait for a clear breakout past the upper band before considering a buy.
Setting alerts around key levels can help capture optimal entry points.