VIC PLUNGES THROUGH KEY SUPPORT đâ ïž
$VIC ripped through the 4âhour order block at $0.01045, flipping the midârange into a sell zone and igniting a 42.96% plunge to $0.0077 đ. The drop coincides with a sharp contraction in onâchain inflows, as largeâcap capital reallocates toward higherâyield assets, leaving the order block exposed. Spot volume stalled below $1.1âŻM, confirming the lack of buying pressure to defend the breached zone. With the bearish momentum accelerator now in overdrive, the market narrative has shifted from a corrective dip to a potential structural breach â ïž.
Immediate support resides at $0.006432, the last tested low from the previous swing; a clean break would open the path to $0.0055 and the next liquidity pool. Conversely, a rebound that holds above $0.0065 could attract shortâcovering and set the stage for a retest of the $0.01045 midârange, followed by a push toward the $0.01443 resistance zone đ». Traders should monitor orderâflow imbalance on the 1âhour chart; a decisive candle above $0.0068 would suggest the sellâoff is stabilizing, while a close below $0.0063 signals a deeper capitulation.
DYOR
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#VIC #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
$VIC ripped through the 4âhour order block at $0.01045, flipping the midârange into a sell zone and igniting a 42.96% plunge to $0.0077 đ. The drop coincides with a sharp contraction in onâchain inflows, as largeâcap capital reallocates toward higherâyield assets, leaving the order block exposed. Spot volume stalled below $1.1âŻM, confirming the lack of buying pressure to defend the breached zone. With the bearish momentum accelerator now in overdrive, the market narrative has shifted from a corrective dip to a potential structural breach â ïž.
Immediate support resides at $0.006432, the last tested low from the previous swing; a clean break would open the path to $0.0055 and the next liquidity pool. Conversely, a rebound that holds above $0.0065 could attract shortâcovering and set the stage for a retest of the $0.01045 midârange, followed by a push toward the $0.01443 resistance zone đ». Traders should monitor orderâflow imbalance on the 1âhour chart; a decisive candle above $0.0068 would suggest the sellâoff is stabilizing, while a close below $0.0063 signals a deeper capitulation.
DYOR
Follow for Updates
#VIC #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare