VIDT/USDT Momentum Bullish: Can the Rally Hold?

VIDT Movement Shows Positive Signals

The VIDT/USDT pair has experienced a significant surge with a +6.03% increase in a short period. This digital asset is currently at $0.02337, with a 24-hour high of $0.02481. Market enthusiasm is clearly visible from the trading volume reaching 563 million VIDT or equivalent to 13 million USDT, indicating increasing participation from market players.

Short-term vs Long-term Momentum Analysis

Historical data shows an interesting contrast in VIDT's performance. Over the past 30 days, this asset has appreciated by +50.71%, while in the last 7 days, it has risen by +24.04%, reflecting strong bullish momentum. However, those engaging in transactions should pay attention to long-term data: over 180 days, VIDT still shows a decline of -49.16%. This phenomenon indicates ongoing long-term pressure, despite the short-term rally currently underway.

Key Levels to Watch

For those looking to see the continuation of the rally, a breakout above the $0.02450 level could trigger further upward movement toward $0.02500. Conversely, critical support areas are around $0.02300-$0.02350, and if this level is not well maintained, there is potential for a correction down to $0.02150.

Summary: VIDT/USDT shows interesting dynamics with strong short-term positive momentum, but attention to long-term historical pressure remains necessary. Monitoring key levels will be crucial in determining the next movement direction.