The 0.00224 zone is under siege โ $VIB dropped 63% in 24โฏh and the bears are tightening the rope. ๐
Read the setup before you chase any bounce ๐
Price is firmly bearish, but the internals whisper a deeper drop: RSI sits in the highโ20s, the 4H EMA7 is well under EMA25, and an unfilled bearish gap sits just above the market. Funding is flat, so thereโs no extra cost pushing longs higher โ the downside bias stays intact.
If $VIB breaks below the ~0.00224 area, the next target is the 0.0020 zone. Hold the line above the 0.00235 area and the bearish thesis crumbles; a close above that level would invalidate this read. Tap $VIB to pull up the chart and see these zones yourself.
My read: the chart is screaming lower; expect VIB to hunt the 0.0020 zone unless a bounce past 0.00235 flips the story.
Iโll unpack what happens if the price breaches the 0.00235 barrier โ follow so you donโt miss the next analysis. What zone are you watching on VIB? ๐
โ ๏ธ Not financial advice. DYOR.
#VIB #Crypto #BinanceSquare #TopLoser
Read the setup before you chase any bounce ๐
Price is firmly bearish, but the internals whisper a deeper drop: RSI sits in the highโ20s, the 4H EMA7 is well under EMA25, and an unfilled bearish gap sits just above the market. Funding is flat, so thereโs no extra cost pushing longs higher โ the downside bias stays intact.
If $VIB breaks below the ~0.00224 area, the next target is the 0.0020 zone. Hold the line above the 0.00235 area and the bearish thesis crumbles; a close above that level would invalidate this read. Tap $VIB to pull up the chart and see these zones yourself.
My read: the chart is screaming lower; expect VIB to hunt the 0.0020 zone unless a bounce past 0.00235 flips the story.
Iโll unpack what happens if the price breaches the 0.00235 barrier โ follow so you donโt miss the next analysis. What zone are you watching on VIB? ๐
โ ๏ธ Not financial advice. DYOR.
#VIB #Crypto #BinanceSquare #TopLoser
