VIDT got absolutely nuked after the Binance delisting announcement, leading to a brutal sell-off and a local ATL (all-time low). But now things are getting interesting...
🔻 Falling wedge has formed on the 4H chart — a classic bullish reversal pattern.
📉 RSI is printing bullish divergence, signaling momentum could be shifting.
📊 Volume has been fading since the dump, which often precedes a breakout.
Key Levels:
Resistance atm: ~0.0015 — needs to break this to confirm any recovery.
Target Zones: Multiple green lines overhead (based on prior structure / Fibs), with the highest one suggesting a 10x move from the local bottom.
Support: Around 0.0013 (11) — wedge support and recent lows.
The sentiment is in the gutter after the Binance news, but oversold setups like this sometimes lead to explosive relief rallies — especially if shorters get squeezed or speculators start bottom-fishing.
⚠️ Super high risk — but setups like this can offer high reward too.
🧠 Not financial advice — just watching for a potential bounce setup.
Let’s see if VIDT has one last dance in it.
🔻 Falling wedge has formed on the 4H chart — a classic bullish reversal pattern.
📉 RSI is printing bullish divergence, signaling momentum could be shifting.
📊 Volume has been fading since the dump, which often precedes a breakout.
Key Levels:
Resistance atm: ~0.0015 — needs to break this to confirm any recovery.
Target Zones: Multiple green lines overhead (based on prior structure / Fibs), with the highest one suggesting a 10x move from the local bottom.
Support: Around 0.0013 (11) — wedge support and recent lows.
The sentiment is in the gutter after the Binance news, but oversold setups like this sometimes lead to explosive relief rallies — especially if shorters get squeezed or speculators start bottom-fishing.
⚠️ Super high risk — but setups like this can offer high reward too.
🧠 Not financial advice — just watching for a potential bounce setup.
Let’s see if VIDT has one last dance in it.
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