📉 $VIDT /USDT – Short Trade Setup

🔻 Current Price: $0.01349 (-30.82%)

🔺 24h High: $0.01965

🔻 24h Low: $0.01346

⚠️ Market Sentiment: Strong Bearish Momentum

Short Trade Setup

📉 Short Entry: $0.01380 - $0.01450

📉 Stop Loss: $0.01520 (Above minor resistance)

📉 Take Profit Targets:

🎯 TP1: $0.01280

🎯 TP2: $0.01150

🎯 TP3: $0.01000

Technical Insights

📊 Trend Analysis:

🔹 $VIDT is in a steep downtrend with no signs of reversal.

🔹 Lower lows & lower highs confirm a bearish structure.

📊 Volume Analysis:

🔹 Strong selling pressure indicates further downside potential.

📊 Support & Resistance Zones:

🔹 Immediate Resistance: $0.01450 - $0.01520

🔹 Major Support: $0.01280 - $0.01150

Risk Management & Strategy

✅ Avoid longing unless price reverses above $0.01550.

✅ Best short entry: On a relief bounce near $0.01380 - $0.01450.

✅ Stop loss at $0.01520 to manage risk.

📌 Pro Tip: If price breaks below $0.01280, expect a deeper drop toward $0.01000. Scaling into the short position with confirmation is recommended.

🔻 Will VIDT drop further, or is a reversal coming soon? Drop your thoughts! 👇

#VIDT #Crypto #USDT #Bearish #Trading

📢 Disclaimer: Not financial advice. Third-party opinions included. See T&Cs.