#VIDTShortTrade ? $VIDT Surging – Can It Sustain the Momentum? $VIDT is currently trading at $0.01194, showing a 10.56% gain in the past 24 hours. The price reached a high of $0.01218 before facing resistance.
Key Levels to Watch
Resistance: $0.01220 – A breakout above this could push VIDT toward $0.01250 and $0.01280.
Support: $0.01150 – Losing this level might lead to a decline toward $0.01120 and $0.01080.
Trade Setup – Strategic Moves
Long Entry: If VIDT holds above $0.01180, it could attempt a breakout toward $0.01250.
Short Entry: A break below $0.01150 could trigger a pullback toward $0.01120.
Stop-Loss: $0.01140 for longs, $0.01220 for shorts.
Market Insights
VIDT has strong buying momentum, but resistance at $0.01220 remains a key test.
Holding $0.01180 could signal continued bullish momentum.
A rejection at resistance may lead to short-term profit-taking before another move.
Traders should monitor these levels for confirmation of the next breakout or retracement.