$VIC just produced the kind of candle that makes traders forget the difference between a breakout and an emergency liquidity event. 👀
Price surged from $0.02448 to $0.05210, now trading near $0.04933 with a 44.88% daily gain. Around 1.28B VIC changed hands for roughly $51.64M USDT.
Technically, this is a serious reclaim:
MA(7): $0.03624
MA(25): $0.03753
MA(99): $0.04353
VIC has pushed above all three averages, but the long wick below shows the session was violent, not stable.
Bulls now need to defend $0.0474 and close above $0.0521. That could open $0.057, followed by the psychological $0.060 area.
Lose $0.047, and the first pullback target becomes $0.0435 near MA(99). Below that, $0.0375 to $0.0362 is the real breakout base. Falling beneath this cluster would turn today’s strength into a failed squeeze.
Now the uncomfortable part.
Reports say Binance plans to delist VIC spot trading on August 17, while futures users face earlier deadlines. Viction says the network remains operational and its development roadmap is unchanged. The project’s recent official update also confirmed that the Pre-Prometheus hard fork went live in June, preparing the chain for the larger Prometheus upgrade.
That creates a strange psychological setup.
Is this candle buyers pricing in survival beyond one exchange?
Or are traders using extreme volatility to squeeze shorts before Binance liquidity starts disappearing?
The chart looks powerful above $0.0435. The news makes chasing near $0.05 far less comfortable. 🚨
Price surged from $0.02448 to $0.05210, now trading near $0.04933 with a 44.88% daily gain. Around 1.28B VIC changed hands for roughly $51.64M USDT.
Technically, this is a serious reclaim:
MA(7): $0.03624
MA(25): $0.03753
MA(99): $0.04353
VIC has pushed above all three averages, but the long wick below shows the session was violent, not stable.
Bulls now need to defend $0.0474 and close above $0.0521. That could open $0.057, followed by the psychological $0.060 area.
Lose $0.047, and the first pullback target becomes $0.0435 near MA(99). Below that, $0.0375 to $0.0362 is the real breakout base. Falling beneath this cluster would turn today’s strength into a failed squeeze.
Now the uncomfortable part.
Reports say Binance plans to delist VIC spot trading on August 17, while futures users face earlier deadlines. Viction says the network remains operational and its development roadmap is unchanged. The project’s recent official update also confirmed that the Pre-Prometheus hard fork went live in June, preparing the chain for the larger Prometheus upgrade.
That creates a strange psychological setup.
Is this candle buyers pricing in survival beyond one exchange?
Or are traders using extreme volatility to squeeze shorts before Binance liquidity starts disappearing?
The chart looks powerful above $0.0435. The news makes chasing near $0.05 far less comfortable. 🚨