VTIX finding support around $3.20 after that big drop. Not saying it's bottomed, but at least it's not falling as much anymore. Anyone else watching this level?
Following up on VTIX because the price action is starting to get a bit more defined.
https://preview.redd.it/tnmsovnzgj0h1.png?width=1989&format=png&auto=webp&s=8d445413bf344d1645e6ba3e34d64f4b81b967a7
After that big drop, it looks like we’re starting to see some support form around the $3.20 area. That’s been the main level holding things up for now.
Not saying it’s bottomed, but at least it’s not free falling anymore.
My stance hasn’t really changed though:
Not chasing it here, but still watching closely.
At this point, I want to see:
Support at \~$3.20 actually hold
Some consolidation instead of sharp moves down
Buyers step in with enough strength to push higher
First real test comes around $4.45
That’s the level where we’ll see if bulls have anything or if it just rolls over again
If it can get through that cleanly, there’s not much in the way until around $6.00
That’s where it gets more interesting from a trend perspective
Communicated Disclaimer this is not financial advice. Please continue your due diligence. [1](https://finance.yahoo.com/quote/VTIX/), [2](https://investors.virtuix.com/), [3](https://stockresearchtoday.com/vtix/)