Perfectly received the second wave of increase for $VIDT !
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【K-Line Research Institute Intelligent AI Recommended Coins】
Today's recommendation $VIDT .
#vidt is currently about to break through the upper boundary of the descending channel at the daily level, with increasing trading volume, indicating strong buying pressure below. Expanding to the 6-hour level, it is currently in a fluctuating range. If the trend remains strong and does not effectively break below the fluctuation range, the bullish outlook is strong.
The risk-reward ratio for going long here is relatively high. If the first resistance level at 0.024 is reached, the risk-reward ratio is 1:9. If the second resistance level at 0.027 is reached, the risk-reward ratio is 1:14.
At the same time, attention needs to be paid to the overall market and funding rates. The current funding cost is very high, and going long can still benefit from a wave of funding rates, which is very cost-effective.
Today's recommendation $VIDT .
#vidt is currently about to break through the upper boundary of the descending channel at the daily level, with increasing trading volume, indicating strong buying pressure below. Expanding to the 6-hour level, it is currently in a fluctuating range. If the trend remains strong and does not effectively break below the fluctuation range, the bullish outlook is strong.
The risk-reward ratio for going long here is relatively high. If the first resistance level at 0.024 is reached, the risk-reward ratio is 1:9. If the second resistance level at 0.027 is reached, the risk-reward ratio is 1:14.
At the same time, attention needs to be paid to the overall market and funding rates. The current funding cost is very high, and going long can still benefit from a wave of funding rates, which is very cost-effective.
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