$VTHO /USDT at $0.004697 Oversold or Breakdown Imminent❓$VTHO /USDT is trading at $0.004697, down 7.61%, approaching its 24-hour low of $0.004653. RSI stands at 37, signaling potential oversold conditions, while bearish momentum persists.
Key Levels:
Resistance: $0.00480 – Breaking this level could target $0.00490 and $0.00500.
Support: $0.00465 – A dip below may drive prices to $0.00450 or $0.00440.
Trade Ideas:
Long Entry: Above $0.00470, aiming for $0.00480 and $0.00490.
Short Entry: Below $0.00465, targeting $0.00450 and $0.00440.
Stop Loss: $0.00472 for both setups.
Market Outlook:
While RSI suggests a possible rebound, the downward trend could persist if $0.00465 support is breached. Monitor volume for signs of a breakout or breakdown.