2025/7/31 #VINE# $VINE Current trend assessment: pullback stage in a pump trend

Key Indicator Analysis:
1. Price Trend:
From July 24th at 12:00, a huge rise occurred (trading volume surged to 413 million USDT), with the price skyrocketing from 0.03822 to 0.06747, initiating the main upward wave.
On July 27-28, an accelerated rise was formed (highest 0.18072), followed by a pullback (current latest price 0.11996).
2. EMA Moving Average System:
The fast line (ema_fast=0.12222) is still above the slow line (ema_slow=0.11602), but the difference between the two is narrowing, indicating that the pump momentum is weakening.
The price is still above the double EMA, a death cross has not formed, and the overall trend has not yet reversed.
3. MACD Indicator:
DIF(0.0062) is still higher than DEA(0.01196), but the histogram has been negative for 9 consecutive periods (-0.00575), indicating short-term adjustment pressure.
Note: Although the negative value of the MACD histogram is shrinking, a golden cross has not yet formed.
4. Trading Volume Characteristics:
Pump accompanied by huge volume (e.g., 390 million USDT on July 27), pullback with reduced volume (latest transaction volume 39 million USDT), is considered a healthy pullback.
No panic selling volume has occurred.
5. RSI Indicator:
Current RSI = 52.56, pulled back from the overbought area (88.57) to the neutral zone, not entering the oversold ( < 30).
StochRSI_K(11.35) just rose from an extremely low area, indicating a possible short-term stabilization.
Key Levels for Long and Short:
Support level: 0.115 (recently tested low point multiple times)
Resistance level: 0.126 (near previous high)
If it breaks below 0.11, it may turn into a pullback; breaking above 0.13 will confirm the continuation of the rise.
Operation suggestion:
In the short term, it may enter a period of consolidation, but the long-term upward trend has not been broken. Key points to pay attention to:
1. Can the MACD histogram turn positive?
2. Is the price stabilizing above 0.115
3. Choosing the direction of the next breakout with increased volume