VIC MARKET STRUCTURE UPDATE

I'm tracking $VIC closely as volume expands, with it's 50.88% gain in the last 24 hours, indicating a potential upside of over 10% to reach the resistance zone of ~$0.07393 📈. The current price of $VIC is hovering around $0.06020, which could lead to a significant increase in liquidity pools if the resistance zone is breached, potentially driving the price higher, a move that shouldn't be ruled out given the current market sentiment of 48% positive 🟢. As $VIC approaches the mid-range of $0.05710, it's essential to monitor the order blocks and volume profile to identify potential market structure shifts, with a clean breakout above the resistance zone could drive the price higher, potentially leading to a 15% move to the next significant level 🔥.

With $VIC pushing higher, I'm focusing on the funding rates, which are currently at 0.01%, indicating a slight bullish bias, and the VWAP, which is at $0.05210, providing a key level of support for the coin, if $VIC can hold above this level, it could lead to a significant increase in price, potentially reaching the next resistance zone, which could be a 20% move from current levels, a scenario that could play out if the current momentum is maintained ⚡.

DYOR

#VIC #GENERAL_ALTCOIN #Crypto #BinanceSquare