Vine Coin Warning Signs Flashing: Could a Sharp 10% Plunge Catch Investors Off Guard This Week?
Vine Coin bulls have done well to defend the 78.6% retracement level at $0.066. So long as this level holds, there is a chance of a price recovery.
Source: CoinGlass
The 1-week liquidation heatmap showed that there were multiple clusters of liquidity close to the market price. Beyond $0.078, the $0.0915 and $0.095 levels were interesting to the traders.
In order to get there, VINE needs buying pressure and a push past the magnetic zone immediately overhead.
Source: CoinGlass
The 24-hour heatmap showed that VINE was readying for a price dip to $0.068 and $0.0635. The liquidity at $0.073 was tested, and the token was primed for a short-term price dip.
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