Support Zone: Immediate support is around $0.0665, followed by a stronger support zone near $0.0635.
Resistance Levels: Resistance is expected around $0.0700, with a key level near $0.0715.
Stochastic RSI: 71.77, indicating that the asset is approaching the overbought zone.
Mastoch RSI: 68.18, suggesting that the price movement may face resistance soon.
Strategy:
Entry Zone: Consider entry near $0.0675 to $0.0680.
Target Levels: First target around $0.0705 and extended target near $0.0720.
Stop Loss: Below $0.0655 to manage potential downside risks.
Market Sentiment:
Order Book Sentiment: Buy orders dominate at 57.90%, indicating a bullish sentiment.
Volume Analysis: The increasing volume suggests strong buying interest, supporting the price movement.
✅️The trend remains positive, but traders should closely monitor key resistance levels. A breakout above $0.0715 may trigger additional upward movement towards $0.0725.
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$VIDT /USDT has shown a significant decline after reaching a 24-hour high of $0.02676, now retracing to $0.02185 with a 16.47% increase from the previous day. Despite the initial bullish momentum, the recent price action indicates a rejection at the high, followed by a series of lower highs and lower lows, confirming that the bears have taken control.
The price is now approaching a critical support level around $0.02000, which, if broken, could trigger further downward movement towards $0.01950 and lower levels.
If VIDT fails to stay above the $0.02185 level, it is likely to continue its downward trajectory. Increased selling pressure and the lack of strong support above $0.02000 suggest that an additional drop is imminent. However, if the price manages to recover to $0.02300, it could invalidate the bearish setup and signal a possible recovery. Traders should be prepared to capitalize on the downward momentum while effectively managing risk.
$TUT /USDT is currently trading at $0.04851, reflecting an increase of 28.98% in the last 24 hours. The price has tested a high of $0.05550 and a low of $0.03703 during this.
Support Zone: Strong support near $0.04600, with additional support around $0.04300. Resistance Levels: The next resistance is around $0.05000, followed by $0.05500. Stochastic RSI: 2.19, indicating that the asset is significantly oversold. Mastoch RSI: 16.00, suggesting a potential upward move if buying interest increases.
Trading Strategy:
Entry Zone: Potential entry near $0.04600 to $0.04700 for a rebound.
Target Levels: Initial target near $0.05000, with extended targets around $0.05200 and $0.05500.
Stop Loss: Below $0.04500 to mitigate downside risk.
Market Sentiment:
Order Book Sentiment: Buy orders dominate at 54.70%, indicating a slight bullish trend.
#Volume Analysis: Strong buying pressure with significant volume, indicating ongoing upward momentum. TUT/USDT has shown strong upward momentum and is approaching key resistance levels. Traders may consider entering near the support zone with a tight stop to target the next resistance areas.
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When looking at the history of $VANA , it is important to differentiate between the project’s origins and its price history:
Project Origins:
* Focus on Data Ownership: * Vana’s core mission revolves around empowering users to own and control their data. * Its goal is to create a decentralized network that allows people to manage their data in a non-custodial manner. * MIT Research Roots: * Vana’s beginnings can be traced back to a research project at MIT in 2018. * This initial focus was to allow users to have ownership of their data and the AI models they generate. * It is built as an open-source, permissionless network.
Price History:
* Volatility: * Like all cryptocurrencies, VANA’s price has seen significant fluctuations. * You can find detailed historical price data on platforms such as: * CoinGecko * Coinbase * FXEmpire. * Bitget. * Key metrics: * These platforms provide information on: * Historical highs and lows. * Daily and weekly price ranges. * Trading volumes. * Historical data for technical analysis. * Data availability: * Sites such as Bitget allow the download of historical data in CSV format. This is very useful for people who want to perform their own in-depth analysis of the coin.
In short, VANA's story covers both its technological development, focused on data ownership, and its market performance, characterized by the typical volatility of the cryptocurrency market.