2025-11-04 16:29:46

Okay,$VFY ‌ is looking messy right now. We had that sharp drop early, finding a temporary floor around 0.05628.

But look at the attempted bounce up to 0.07043. It got instantly rejected with that huge red candle right after. That's a classic bearish engulfing move and it's dumping all the volume from the bulls.
Now we're just chopping around 0.06179. It's not holding support well. Every small green candle is getting sold into.
The real danger zone is that low at 0.05628. If that gives way, we are definitely headed lower, looking for the next psychological support level.
For a meaningful recovery, it has to reclaim and hold above the 0.0650 area, otherwise, this looks like a weak bounce on a downtrend. I'm staying cautious here.
What's your plan for this one?

#VFY #BitcoinPriceAnalysis

VFY7.23%

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