VIC Bulls Are Losing Momentum — Key Support Under Pressure
$VIC is trading near 0.0417 after a sharp rejection from the 0.0670 area. The 1H chart shows lower highs and lower lows, indicating bearish momentum. Unless buyers reclaim 0.0445, the downside remains more likely.
Trade Plan
Direction: Short (confirmation preferred)
Entry: 0.0418 – 0.0425
Target 1: 0.0400
Target 2: 0.0382
Target 3: 0.0365
Stop Loss: 0.0448
Wait for confirmation before entering, manage your risk carefully, and avoid chasing the move if volatility increases.
$VIC is trading near 0.0417 after a sharp rejection from the 0.0670 area. The 1H chart shows lower highs and lower lows, indicating bearish momentum. Unless buyers reclaim 0.0445, the downside remains more likely.
Trade Plan
Direction: Short (confirmation preferred)
Entry: 0.0418 – 0.0425
Target 1: 0.0400
Target 2: 0.0382
Target 3: 0.0365
Stop Loss: 0.0448
Wait for confirmation before entering, manage your risk carefully, and avoid chasing the move if volatility increases.