๐Ÿ” Technical Analysis Update: $VIDT

/USDT

The VIDT/USDT pair has shown impressive momentum with a 24h high of $0.05309, marking a 14.74% increase. Let's dive into the technicals and identify potential targets.

๐ŸŽฏ Target 1: $0.05521

This represents a key resistance level from the recent high. Breaking above this could signal further upward movement and bullish sentiment in the market.

๐ŸŽฏ Target 2: $0.06000

A psychological target and key level for traders. Breaching this level could bring additional buying pressure and indicate strong upward momentum.

๐ŸŽฏ Target 3: $0.06500

If the market continues its current trend, this longer-term target could be on the horizon. Watch for volume surges and technical indicators to confirm this trend.

Support Levels

Keep an eye on the MA(7) at $0.04838 as a short-term support, while MA(25) at $0.04581 offers medium-term support in case of a pullback.

Stay tuned for updates as the market evolves!