The 4‑hour chart just pierced the 0.00224 zone, and price is now eyeing the 0.00235 ceiling.
While the 63% plunge screams panic, the structure whispers a deeper slide.
Read the levels below 👇
Price sits under the 4‑hour EMA7, which itself is beneath EMA25 – a clean bearish slope. RSI lingers in the high‑20s and an unfilled bearish gap from 0.01023 to 0.00890 adds pressure. With funding at 0%, there’s no long‑side premium, so shorts stay cheap.
The read stays valid as long as $VIB remains below the ~0.00235 ceiling; a close above would flip the script. The current pivot hovers around ~0.00224, and the next likely target is the ~0.00204 objective zone. Tap $VIB to pull up the chart and verify these zones yourself.
My take: the chart is primed to test the ~0.00204 zone, and any bounce above ~0.00235 would signal a short‑term reprieve.
Follow me for the next update when the price either breaches the 0.00235 barrier or settles into the 0.00204 pocket.
What do you see as the decisive level for $VIB right now? 👇
⚠️ Not financial advice. DYOR.
#VIB #Crypto #Altcoins #BinanceSquare