VTHO/USDT Reversal Zone? Weekly Demand Area Holds the Key!

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📊 Full Analysis of VTHO/USDT (1W Timeframe):

📌 Overview:
VTHO/USDT is currently sitting at a critical level after revisiting a strong historical demand zone around 0.0012–0.0018 USDT. This support zone has been respected multiple times since mid-2022 and has acted as a key reversal point in the past.


📈 Bullish Scenario:

✅ Support Zone Holding
The price is holding within the yellow support box, indicating active buyers and potential accumulation.

✅ Possible Reversal Pattern
If the price forms a higher low or a clear rejection here, there’s potential for a Double Bottom or even an Adam & Eve reversal pattern.

✅ Potential Upside Targets:

Minor Resistance: 0.00214 – 0.00279

Intermediate Target: 0.00406

Major Resistance: 0.0056 – 0.011

Higher Target: 0.015 – 0.022 USDT

Ultimate Long-Term Target: 0.0285 USDT (historical high)


📌 Bullish confirmation can come from: a strong bounce with volume, VeChain/VTHO ecosystem news, or general crypto market strength.


📉 Bearish Scenario:

❌ Breakdown from Key Support
If price breaks down below 0.0012, it opens the risk of a further drop toward 0.00052 USDT, which is the multi-year low last seen in 2020.

📉 Bearish signs to watch:

Weekly candle close below support

Increasing sell volume

Weak buyer reaction near support


🔍 Pattern Analysis:

📌 Potential Double Bottom Zone
The highlighted yellow zone may form the base for a double bottom reversal pattern—a bullish setup if confirmed.

📌 Range-Bound Structure
Price has been consolidating in a wide horizontal range between 0.0018 – 0.0056. A breakout from this range will determine the next long-term direction.


📢 Conclusion:
VTHO is at a critical accumulation zone. If the demand zone holds, a bullish reversal may unfold with significant upside potential. However, a breakdown below the zone would invalidate the bullish setup and signal deeper downside.

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