Vine Price Dump Signals a Short-Term Sell

I’m seeing a clear dump in Vine (VINEUSDT) with a noticeable price drop of 3.22%. The motion is bearish, and current levels show a move toward the lower bound (0.07257 to 0.07023) within a very short time window. Volume remains elevated, which could indicate stronger selling pressure or a capitulation moment rather than a brief pullback.

Short-term momentum appears negative, and the price action suggests there may be further downside risk if the support around 0.0700 isn’t firm or if broader market sentiment worsens. Caution is warranted until a reversal or stabilization signals emerge.