VIB just printed a -63% candle in a single day.
Is this the bottom, or just a pause before it gets uglier?
Price is near 0.0022. The 4H trend is firmly bearish. RSI is deeply oversold at 28 — but oversold in a downtrend often just means "cheap can get cheaper."
There's an unfilled gap between roughly 0.0102 and 0.0089 — a zone price blew through so fast it never came back. That's the trap. Any bounce toward it is likely to get sold again.
If $VIB can't reclaim 0.00235 on a 4H close, the path of least resistance stays lower — next zone around 0.0020, then the macro objective near 0.0014.
My read: a falling knife with no real buying pressure yet. Any bounce is a relief move, not a trend change.
Tap $VIB to pull up the chart.
Follow me — I'll update if 0.00235 gets reclaimed or 0.0020 breaks.
Which zone are you watching more closely on $VIB — the reclaim or the breakdown? 👇
⚠️ Not financial advice. DYOR.
#VIB #Crypto #Altcoins #BinanceSquare
Is this the bottom, or just a pause before it gets uglier?
Price is near 0.0022. The 4H trend is firmly bearish. RSI is deeply oversold at 28 — but oversold in a downtrend often just means "cheap can get cheaper."
There's an unfilled gap between roughly 0.0102 and 0.0089 — a zone price blew through so fast it never came back. That's the trap. Any bounce toward it is likely to get sold again.
If $VIB can't reclaim 0.00235 on a 4H close, the path of least resistance stays lower — next zone around 0.0020, then the macro objective near 0.0014.
My read: a falling knife with no real buying pressure yet. Any bounce is a relief move, not a trend change.
Tap $VIB to pull up the chart.
Follow me — I'll update if 0.00235 gets reclaimed or 0.0020 breaks.
Which zone are you watching more closely on $VIB — the reclaim or the breakdown? 👇
⚠️ Not financial advice. DYOR.
#VIB #Crypto #Altcoins #BinanceSquare
