VIC Is Bearish Pressure Still in Control?
$VIC continues to print lower highs and lower lows after a sharp rejection from the 0.0670 area. Selling pressure remains dominant, and unless buyers reclaim key resistance, the trend favors further downside.
Trade Plan
Direction: Short
Entry: 0.0405–0.0415
Target 1: 0.0390
Target 2: 0.0370
Target 3: 0.0350
Stop Loss: 0.0435
The current structure remains bearish. Wait for rejection confirmation near the entry zone before entering, and manage risk carefully if price breaks above resistance.
$VIC continues to print lower highs and lower lows after a sharp rejection from the 0.0670 area. Selling pressure remains dominant, and unless buyers reclaim key resistance, the trend favors further downside.
Trade Plan
Direction: Short
Entry: 0.0405–0.0415
Target 1: 0.0390
Target 2: 0.0370
Target 3: 0.0350
Stop Loss: 0.0435
The current structure remains bearish. Wait for rejection confirmation near the entry zone before entering, and manage risk carefully if price breaks above resistance.