VSN price experienced a pullback after reaching the overbought zone on the technical chart this week. Currently, the quote is $0.089, down 1.3% from the previous day. This correction aligns with typical technical correction characteristics— the RSI indicator had surged above 70 into overbought territory, triggering profit-taking. Notably, despite the entire market also declining by 1.3%, VSN's performance has been relatively resilient, indicating that the main selling pressure comes from profit-taking at the resistance level around $0.093. In the short term, this kind of technical pullback and consolidation often creates opportunities for a subsequent rebound. Investors should pay close attention to the performance of the $0.089 support level.
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FUD_Vaccinated
· 01-11 11:59
Resilience is resilience. This wave is indeed interesting. Let's see if 0.089 can hold.
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OldLeekNewSickle
· 01-11 11:58
It's the old RSI overbought routine again, that 0.093 threshold really is a chopping machine...
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Anti-dip? Why do I feel this is just a fake fall before accumulation?
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What happens if the support level breaks? Has anyone thought about it or are they just waiting to be trapped?
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I've heard this "consolidation" talk too many times, the key is whether it rebounds afterward.
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If 0.089 can't hold, I'll admit defeat. I don't want to play this game of chip distribution anymore.
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It seems that anti-dip actually means no one is selling off, which is the real situation.
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Let's wait and see how 0.089 performs, but I bet this round of capital washout will go even lower.
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GrayscaleArbitrageur
· 01-11 11:57
0.089 If you can hold on, there's hope; if it breaks, just pretend you didn't see it haha
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MagicBean
· 01-11 11:55
Being resilient means there's hope; if 0.089 can't hold, it's really over.
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FOMOSapien
· 01-11 11:50
Being resilient means being resilient, indicating that some people are still optimistic about this... Will the rebound come or not?
VSN price experienced a pullback after reaching the overbought zone on the technical chart this week. Currently, the quote is $0.089, down 1.3% from the previous day. This correction aligns with typical technical correction characteristics— the RSI indicator had surged above 70 into overbought territory, triggering profit-taking. Notably, despite the entire market also declining by 1.3%, VSN's performance has been relatively resilient, indicating that the main selling pressure comes from profit-taking at the resistance level around $0.093. In the short term, this kind of technical pullback and consolidation often creates opportunities for a subsequent rebound. Investors should pay close attention to the performance of the $0.089 support level.