Hypothetical analysis on the movement of VIB/USDT: Is it preparing for a rebound or a new drop?

After the recent 20.17% drop in the last 24 hours, the VIB/USDT pair is in a key zone that could define its next big move. Below, we analyze two possible scenarios that could develop in the next hours or days:

Scenario 1: Bullish Rebound

If the price manages to stay above the current support level around $0.10677 (recent low), it could attract buyers who see this drop as an entry opportunity. In this case, the accumulated volume of the last few hours suggests that there is interest in the cryptocurrency, which could push the price back towards the psychological resistance at $0.14000 and, eventually, towards the recent high of $0.17600.

Key indicators to watch:

MACD: A continuation of its positive divergence could confirm the start of a new bullish momentum.

RSI: If the RSI index stays near the current levels without entering the oversold zone, it could reinforce the rebound.

Scenario 2: Bearish Continuation

If the support level at $0.10677 is broken strongly, the price could fall towards the next strong support, located around $0.08500, where a previous consolidation area is located. The lack of buying interest at these levels could further accelerate the decline, especially if the overall cryptocurrency market shows weakness.

Key indicators to watch:

Decreasing volume: A drop in volume during the next recovery attempts would be a negative sign.

RSI: An entry into the oversold zone could mean a further pullback before stabilizing.

Conclusion

At the moment, VIB is at a point of high volatility where both short-term traders and long-term investors are paying attention. If bullish volume reappears, we could see a quick rally.However, a break of the current support could lead to a new wave of selling.