This is where the market starts getting interesting. VINE is already showing stronger momentum than many names on the leaderboard, and a 24 hour gain of plus 6.34 percent tells us that buyers have clearly stepped into the market.
VINE is trading around 0.00704 with an estimated market cap of approximately PKR 99.41 billion. After a move of this size, the important question is not simply whether price can go higher. The real question is whether buyers can defend the breakout area.
The zone around 0.00670 to 0.00690 is the area I would watch for support. If price holds there and volume continues increasing, VINE could attempt 0.00750 and then 0.00800.
Momentum coins can move extremely quickly, but they can also retrace aggressively. That makes volume confirmation and risk management especially important.
Entry Price: 0.00690 to 0.00710
Take Profit 1: 0.00750
Take Profit 2: 0.00800
Stop Loss: 0.00655
If buyers continue absorbing selling pressure and larger wallets start showing accumulation, the next move could become much more aggressive.
I am ready for the move and watching VINE carefully.
#Clarity Act Senate vote nears
#Thailand enforces crypto Travel Rule
#Fed Governor favors rate pause
#SEC Proposes New Crypto Rules to Bring Firms Back to the U.S.
