🔴 $VIC — Short Setup, very bearish
#VIC is at 0.0080 (-40.30%), trading below MA60 = 0.0085. The structure is strongly bearish, but price is already close to the 0.0073 24h low, so chasing the short is risky.
MA60: 0.0085
24h High: 0.0145
24h Low: 0.0073
Preferred entry: 0.0083–0.0086 on rejection
TP1: 0.0075
TP2: 0.0073
TP3: 0.0068
SL: 0.0089
🔻 Confirmation: Rejection around 0.0083–0.0086 + break below 0.0075.
⚠️ Don't short at 0.0080—you're too close to the 24h low after a 40% crash. A relief bounce can be violent. If VIC reclaims 0.0089, invalidate the short.
Short confidence: 8/10.
#FutureTarding
#VIC is at 0.0080 (-40.30%), trading below MA60 = 0.0085. The structure is strongly bearish, but price is already close to the 0.0073 24h low, so chasing the short is risky.
MA60: 0.0085
24h High: 0.0145
24h Low: 0.0073
Preferred entry: 0.0083–0.0086 on rejection
TP1: 0.0075
TP2: 0.0073
TP3: 0.0068
SL: 0.0089
🔻 Confirmation: Rejection around 0.0083–0.0086 + break below 0.0075.
⚠️ Don't short at 0.0080—you're too close to the 24h low after a 40% crash. A relief bounce can be violent. If VIC reclaims 0.0089, invalidate the short.
Short confidence: 8/10.
#FutureTarding