VIC PLUNGES DEEP INTO SELLâOFF đâ ïž
The 4âhour chart ripped through the $0.01045 midârange order block, triggering a cascade of stopâloss sells that shoved $VIC 43âŻ% lower in 24âŻhours. Volume spiked to $1.02âŻM, outpacing the 24âhour average and confirming aggressive liquidation of leveraged longs. Momentum indicators have plunged into bearish territory â RSI skims the lowâ20s and the MACD histogram deepens negative â signalling accelerating downside pressure đ
The price is now testing the primary support cluster around $0.006432, a zone that previously held during the November pullâback. A clean bounce above $0.0068 would suggest a healthy correction and could attract shortâterm accumulation, while a break below $0.0064 would open the path to the next liquidity basin near $0.0055. Watch the $0.0068â$0.0064 range for the next candle pattern đ
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 reâignite buying pressure and set the stage for a test of the $0.01045 midârange resistance. Until that level holds, caution remains paramount â ïž
DYOR
Follow for Updates
#VIC #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The 4âhour chart ripped through the $0.01045 midârange order block, triggering a cascade of stopâloss sells that shoved $VIC 43âŻ% lower in 24âŻhours. Volume spiked to $1.02âŻM, outpacing the 24âhour average and confirming aggressive liquidation of leveraged longs. Momentum indicators have plunged into bearish territory â RSI skims the lowâ20s and the MACD histogram deepens negative â signalling accelerating downside pressure đ
The price is now testing the primary support cluster around $0.006432, a zone that previously held during the November pullâback. A clean bounce above $0.0068 would suggest a healthy correction and could attract shortâterm accumulation, while a break below $0.0064 would open the path to the next liquidity basin near $0.0055. Watch the $0.0068â$0.0064 range for the next candle pattern đ
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 reâignite buying pressure and set the stage for a test of the $0.01045 midârange resistance. Until that level holds, caution remains paramount â ïž
DYOR
Follow for Updates
#VIC #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare