๐ LONG Signal
$VINE
Just opened a position on $VINE after watching this breakout setup. Here's my analysis:
The Setup:
Price broke above MA7, MA25, and MA99 with strong momentum, currently trading at 0.01853. All major moving averages are trending upward usually a sign buyers are in control.
Why I'm bullish:
ยท Trading above all major MAs (MA7, MA25, MA99)
ยท MA7 at 0.01842 acting as strong support
ยท Higher highs forming on 1h chart
ยท Momentum building with +10.04% gain
My plan:
๐ฏ Targets:
0.01869
0.01943
0.02000 (next resistance zone)
๐ Stop Loss: 0.01796
Anyone else watching this momentum play?
Drop your charts and thoughts below ๐
#VINE #Crypto #Trading #CryptoAnalysis $VINE