🚨 $VTHO UPDATE — The Selloff Is Getting Interesting 👀
$VTHO has finally broken through the 0.000648–0.000670 1H support zone we were watching, and this time the move came with major selling volume.
We already saw bearish momentum starting to weaken, so I was expecting one more strong push down before sellers could potentially run out of steam.
Now we’re approaching the area I’m watching most closely:
0.000556–0.000581
This is where our 1H + 4H support levels strongly confluence, and it could be the ultimate test for this selloff.
🟢 Bullish scenario:
The selloff starts losing steam and buyers step in before or around the major support. If we get a proper reversal confirmation, I’ll start looking for a suitable entry.
🔴 Bearish scenario:
Price retests the broken 1H support as resistance, gets rejected, and continues toward 0.000556–0.000581, where I’ll be watching closely for buyers.
There’s also a third possibility: price turns around between the two zones. I won’t enter there — that's no-man’s land for me.
Right now, I’m most interested in seeing what happens at the 0.000556–0.000581 zone.
The idea is simple: we may be seeing that final liquidity push before the bearish momentum finally runs out.
But I’m not going to guess the bottom.
Let the reaction confirm it. 👀
Spot only. DYOR. Manage risk.
$VTHO #Write2Earn
$VTHO has finally broken through the 0.000648–0.000670 1H support zone we were watching, and this time the move came with major selling volume.
We already saw bearish momentum starting to weaken, so I was expecting one more strong push down before sellers could potentially run out of steam.
Now we’re approaching the area I’m watching most closely:
0.000556–0.000581
This is where our 1H + 4H support levels strongly confluence, and it could be the ultimate test for this selloff.
🟢 Bullish scenario:
The selloff starts losing steam and buyers step in before or around the major support. If we get a proper reversal confirmation, I’ll start looking for a suitable entry.
🔴 Bearish scenario:
Price retests the broken 1H support as resistance, gets rejected, and continues toward 0.000556–0.000581, where I’ll be watching closely for buyers.
There’s also a third possibility: price turns around between the two zones. I won’t enter there — that's no-man’s land for me.
Right now, I’m most interested in seeing what happens at the 0.000556–0.000581 zone.
The idea is simple: we may be seeing that final liquidity push before the bearish momentum finally runs out.
But I’m not going to guess the bottom.
Let the reaction confirm it. 👀
Spot only. DYOR. Manage risk.
$VTHO #Write2Earn
