VIC PLUNGES DEEP INTO SELL‑OFF 📉⚠️
The 4‑hour chart ripped through the $0.01045 mid‑range order block, triggering a cascade of stop‑loss sells that shoved $VIC 43 % lower in 24 hours. Volume spiked to $1.02 M, outpacing the 24‑hour average and confirming aggressive liquidation of leveraged longs. Momentum indicators have plunged into bearish territory – RSI skims the low‑20s and the MACD histogram deepens negative – signalling accelerating downside pressure 📉
The price is now testing the primary support cluster around $0.006432, a zone that previously held during the November pull‑back. A clean bounce above $0.0068 would suggest a healthy correction and could attract short‑term accumulation, while a break below $0.0064 would open the path to the next liquidity basin near $0.0055. Watch the $0.0068‑$0.0064 range for the next candle pattern 😟
If sellers maintain dominance, the next resistance at $0.01443 remains out of reach, reinforcing a structural breakdown rather than a temporary dip. Conversely, a decisive close above $0.0072 could re‑ignite buying pressure and set the stage for a test of the $0.01045 mid‑range resistance. Until that level holds, caution remains paramount ⚠️
DYOR
Follow for Updates
#VIC #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The 4‑hour chart ripped through the $0.01045 mid‑range order block, triggering a cascade of stop‑loss sells that shoved $VIC 43 % lower in 24 hours. Volume spiked to $1.02 M, outpacing the 24‑hour average and confirming aggressive liquidation of leveraged longs. Momentum indicators have plunged into bearish territory – RSI skims the low‑20s and the MACD histogram deepens negative – signalling accelerating downside pressure 📉
The price is now testing the primary support cluster around $0.006432, a zone that previously held during the November pull‑back. A clean bounce above $0.0068 would suggest a healthy correction and could attract short‑term accumulation, while a break below $0.0064 would open the path to the next liquidity basin near $0.0055. Watch the $0.0068‑$0.0064 range for the next candle pattern 😟
If sellers maintain dominance, the next resistance at $0.01443 remains out of reach, reinforcing a structural breakdown rather than a temporary dip. Conversely, a decisive close above $0.0072 could re‑ignite buying pressure and set the stage for a test of the $0.01045 mid‑range resistance. Until that level holds, caution remains paramount ⚠️
DYOR
Follow for Updates
#VIC #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare