$VIB Trading Opportunity Alert!
#vib is showing strong potential for a breakout! Currently trading at ~$0.08, it’s testing key support at the 50-day MA on the 3-day chart. A descending channel breakout could spark a powerful move toward $0.12-$0.15.
Entry:
Consider buying around $0.075-$0.08 for a solid risk-reward setup.
Stop Loss: Set at $0.065 to protect against downside.
Targets: Aim for $0.10, $0.12, then $0.15 for short-term gains.
Why $VIB ?
The music industry's blockchain darling is gaining traction with its decentralized platform for artists and organizers. Recent volatility suggests a bullish weekly candle, with local breakouts signaling trend continuation.
Risk:
Volatility is high, so manage your position size. Watch the $0.07 support—if it breaks, we could see a dip to $0.05.
Stay sharp, traders! Do your own research and trade responsibly.