#VITEUSDT is the native token of the Vite blockchain, a platform focused on creating a high-performance decentralized ecosystem. Vite aims to provide a scalable, fee-free infrastructure for decentralized applications (dApps), including decentralized exchanges.
2. Price movement
The chart shows that the VITE price has seen a significant increase of approximately 59.88% for the day, peaking at 0.01610 USDT. The most recent price is listed at 0.01621 USDT.
3. Time period
The chart is set on a daily time frame (1D), which means that each candlestick represents one day of trading activity. Green candles indicate days when the closing price was higher than the opening price, while red candles indicate days when the closing price was lower.
4. Volume and medium movements
The volume is shown at the bottom of the chart, which indicates a strong interest in this trading pair. - Moving Average (MA): The values MA(5) and MA(10) represent the moving averages of 5 and 10 days. Moving averages can help identify trends, with shorter MAs showing recent trends more accurately.
Tuesday's immediate update on global markets will, in my opinion, determine the next major global trend. If the market moves lower, it will disable many supports that act as resistance in the future. Bitcoin is currently at this support. Most others overrated, including #$BNB and #$PEPE #$NOT. A heavy coin with a large market cap that has risen in the market is not doing well now and is sitting on support. From here, it's a good time to work in normal conditions until it supports. However, macro market conditions have been poor for a long time. Good traders look for support and buy. However, almost nothing has changed since then. This means that the best market response to aid should be to move quickly. As a trader, if the market doesn't react positively to a support, I will take the immediate profit and look at the long term as if there is no reaction to the support. That doesn't mean it won't evolve. However, this suggests that I doubt it will be extended. If you're not sure, it's best to be close. However, if you are afraid to wait, sometimes this is a good time to wait. However, this time I will skip this criterion. You make your own choices.