$VIC showing a strong bullish market structure after an explosive breakout from the recent demand zone. Buyers have defended support aggressively and are now controlling the trend as price pushes into fresh highs.
The price reacted strongly from the demand area around 0.03000 and continued printing higher highs and higher lows. Momentum remains strong, volume expansion supports the move, and liquidity above the previous high is being targeted. If the current resistance is broken with confirmation, another continuation leg is likely.
Trade Setup
Entry: 0.04950 to 0.05050
Target 1: 0.05350
Target 2: 0.05650
Target 3: 0.06000
Stop Loss: 0.04680
How it's possible
The recent breakout is supported by strong bullish candles and increasing momentum, showing that buyers remain in control. Price is holding above the previous resistance, which is now acting as support, giving the trend a solid technical foundation. A successful break above the recent high near 0.05150 could attract more liquidity and fuel the next upward move. Volume confirmation is important, as it increases the probability of a sustained breakout instead of a false move. If the price loses support and closes below the stop loss level, the trade should be exited immediately to protect capital.
Let's go and Trade now $VIc