đš VIC just CRASHED -24% with panic selling volume (3x normal) â and the chart says DON'T catch this falling knife.
Price collapsed from $0.058 to $0.032 before a dead cat bounce to $0.037. Funding rates have turned negative (shorts dominant), and the 4H trend is firmly bearish. This isn't a dip â it's a structural breakdown.
đ Why NOT To Trade?
RSI at 47.5 means there's MORE room to the downside. Volume is surging on red candles = distribution. When a coin dumps 40% in one session, the recovery usually takes weeks, not hours.
đ If You MUST Trade:
â Entry: $0.030-$0.035 (ONLY after stabilization)
â Stop Loss: $0.025 (-22%)
â TP1: $0.040 | TP2: $0.045
â R:R = 1.0 (terrible â that's the point)
â ïž Strategy: EXIT. Cut losses if holding. Don't try to be a hero here.
Did you get stopped out on VIC or still holding the bag? Be honest đ
#VIC #DYOR #RiskManagement
â ïž Not financial advice. DYOR. Crypto is volatile â never risk more than you can afford to lose.
Price collapsed from $0.058 to $0.032 before a dead cat bounce to $0.037. Funding rates have turned negative (shorts dominant), and the 4H trend is firmly bearish. This isn't a dip â it's a structural breakdown.
đ Why NOT To Trade?
RSI at 47.5 means there's MORE room to the downside. Volume is surging on red candles = distribution. When a coin dumps 40% in one session, the recovery usually takes weeks, not hours.
đ If You MUST Trade:
â Entry: $0.030-$0.035 (ONLY after stabilization)
â Stop Loss: $0.025 (-22%)
â TP1: $0.040 | TP2: $0.045
â R:R = 1.0 (terrible â that's the point)
â ïž Strategy: EXIT. Cut losses if holding. Don't try to be a hero here.
Did you get stopped out on VIC or still holding the bag? Be honest đ
#VIC #DYOR #RiskManagement
â ïž Not financial advice. DYOR. Crypto is volatile â never risk more than you can afford to lose.