$VIC shows a bearish market structure as sellers continue to defend every recovery, keeping the trend under pressure after another rejection near resistance.
Price has reacted from a key supply zone and is now trading just above an important demand area around 0.0285. Sellers are still in control, but this support is the last line that buyers need to protect. Momentum remains weak with a pattern of lower highs and lower lows, while liquidity continues to flow to the downside. A clean break below support could trigger another continuation move.
Trade Setup
Entry: 0.0293 – 0.0301
Target 1: 0.0280
Target 2: 0.0265
Target 3: 0.0248
Stop Loss: 0.0318
How it's possible
The chart continues to print lower highs and lower lows, showing that the bearish trend is still active. Volume should increase if price breaks below the current support, confirming that sellers remain in control. As long as resistance around 0.0318 holds, downside momentum has a higher probability of continuing toward the next liquidity zones. Risk management is essential because if price closes above the stop loss with strong volume, the bearish setup becomes invalid and the trade should be exited to protect capital.
Let's go and Trade now $VIC
#HYPEGains79%InQ2 #JapanRegulatorsUrgeCryptoWithdrawalLimits #ColdcardExploitFundsSentToMixers #USInitialJoblessClaimsStayBelow200K #DowFalls464Points
Price has reacted from a key supply zone and is now trading just above an important demand area around 0.0285. Sellers are still in control, but this support is the last line that buyers need to protect. Momentum remains weak with a pattern of lower highs and lower lows, while liquidity continues to flow to the downside. A clean break below support could trigger another continuation move.
Trade Setup
Entry: 0.0293 – 0.0301
Target 1: 0.0280
Target 2: 0.0265
Target 3: 0.0248
Stop Loss: 0.0318
How it's possible
The chart continues to print lower highs and lower lows, showing that the bearish trend is still active. Volume should increase if price breaks below the current support, confirming that sellers remain in control. As long as resistance around 0.0318 holds, downside momentum has a higher probability of continuing toward the next liquidity zones. Risk management is essential because if price closes above the stop loss with strong volume, the bearish setup becomes invalid and the trade should be exited to protect capital.
Let's go and Trade now $VIC
#HYPEGains79%InQ2 #JapanRegulatorsUrgeCryptoWithdrawalLimits #ColdcardExploitFundsSentToMixers #USInitialJoblessClaimsStayBelow200K #DowFalls464Points