weslad

VIDTUSDT Trading opportunity

Long
weslad Updated   
BINANCE:VIDTUSDT   VIDT / TetherUS
VIDTUSDT has recently broken out from a downtrend broadening wedge, which is a bullish reversal pattern. The breakout has been confirmed, with a completed price pullback, which is also a bullish sign. However, the coin is now facing a local resistance at 0.07459.

If the coin is able to break through the local resistance level, we could see further upside potential for VIDTUSDT. This could lead to a potential price target of around 0.1417

However, it's important to monitor the price closely, as the local resistance level may prove to be a strong resistance level. If the coin is unable to break through this level, we may see a potential retracement back to the support level which is around 0.02506.

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Trade active:
Price approaching strong resistance zone and we do believe it will break it. We should patiently wait for the target


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