Technical analysis by alih_net about Symbol VGX: Buy recommendation (12/8/2024)

VGX has hit the lower band of its long-term descending channel, signaling a strong support level. With bullish momentum building, the next major leg up could drive the price toward the $4 target. Key indicators are aligning, suggesting this could be the beginning of a powerful upward trend.Support: Lower channel boundary holding firmResistance Levels: $2.50, $3.00, and $4.00Strategy: Watch for confirmation of a breakout with strong volume.Are you ready for the next VGX rally? 🚀