Technical analysis by biodunoladokun about Symbol VINE on 7/28/2025

VINE, a meme coin inspired by the defunct Vine video platform, has surged by 267% in the past week. Technical indicators reinforce the bullish outlook. The Elder-Ray Index, which gauges buying and selling pressure, has printed five consecutive green histogram bars—each larger than the last. This pattern points to growing dominance by buyers in the spot market. With bullish momentum strengthening daily, VINE may have more upside potential if current demand levels persist.