$VIB /USDT Analysis (1H)
Current Price: $0.06944
Buy Signal
Entry Zone: $0.06900–$0.07000
Targets:
Target 1: $0.07250
Target 2: $0.07400
Stop-Loss: $0.06700
Key Levels
Resistance: $0.07083, $0.07334
Support: $0.06858, $0.06714
Analysis:
1. Price Action: Higher lows forming near support indicate a bullish setup.
2. Moving Averages: Price nearing MA(5) and MA(10), showing a possible trend reversal.
3. Bollinger Bands: Price nearing the middle band, signaling potential upside.
4. MACD: Bullish crossover with increasing momentum.
5. RSI: At 56, indicating room for further upward movement.
6. Volume: Moderate buy volume supports upward potential.
Pro Tip: Place stop-loss below the strong support to minimize risk. Monitor price action near resistance levels for profit booking.