🚨 #VINE /USDT Alert: Explosive Gains, Caution Ahead #VINE has skyrocketed 88.01%, trading at $0.3093 after a surge from its daily low of $0.1064. The momentum remains strong, but volatility is at its peak.
Key Levels to Watch
Resistance:
$0.3200 – Immediate resistance; a breakout could extend gains.
$0.4356 – Major resistance; reaching this level might attract profit-taking.
Support:
$0.2850 – Crucial short-term support; holding above this is essential.
$0.2500 – A drop below could lead to a significant retracement.
Trade Setup
Long Entry: Above $0.3200
Targets:
1. $0.3500
2. $0.4000
Stop Loss: Below $0.2850
Short Entry: Below $0.2850
Targets:
1. $0.2500
2. $0.2000
Stop Loss: Above $0.3200
Market Insight
The RSI at 60.71 shows near-overbought conditions, while the MACD confirms bullish momentum. Watch closely for a potential rejection near $0.3200 or a rally continuation.
Manage risk carefully in this high-volatility zone.
