$VIB VIB/USDT Chart Analysis (12h timeframe)

Current Price: $0.01809

24h Change: -13.73%

24h High / Low: $0.02111 / $0.01715

Trend: Strong bearish with extended downtrend.

Technical Indicators:

Parabolic SAR: Dots remain above the price—clear confirmation of a continuing downtrend.

MACD: Slightly recovering, but still very weak. The MACD line is near zero with flat momentum.

Moving Averages: Price is below both MA5 and MA10, indicating persistent selling pressure.

Volume: Fairly low and declining after prior spikes, signaling loss of interest or exhaustion from sellers.

Price Action:

#VIB collapsed from a peak of ~$0.0485 to a recent low of $0.01715.

The price is now consolidating slightly above the low, showing weak support but no significant bullish reversal yet.

Summary:

VIB is in a prolonged bearish phase, losing over 77% of its value in the last year. Despite slight stabilization near the current range, there’s no strong buying momentum yet.

Outlook:

Bearish bias continues unless price breaks and holds above $0.021–$0.023.

A breakdown below $0.017 could lead to a new low around $0.015 or lower.

Conclusion:

VIB is extremely weak with little sign of reversal. Traders should be cautious—avoid entry unless bullish confirmation appears with volume and trend shift.