Vine Coin (VINE) Surges 206% on Symmetrical Triangle Breakout and Bullish Patterns

Vine Coin (VINE) experienced a dramatic price surge on July 29, 2025, rising above $0.153 after trading below $0.05 for most of July. The rally was driven by a breakout from a multi-week symmetrical triangle, supported by bullish continuation patterns such as compressed flags and prior consolidation zones between $0.035 and $0.045. The price pierced key resistance levels at $0.069 and $0.080, with the Chande Momentum Oscillator (ChandeMO) reaching 89.6, signaling extreme bullish momentum on the daily trend [1]. Spot net inflows surged to $538,400 on July 28—the highest since February—while volume spiked, confirming accumulation activity [1].

However, technical indicators now suggest caution. The 15-minute chart reveals a rising wedge pattern, with RSI dropping from overbought levels (above 70) to 45.39 and MACD showing a bearish crossover. These divergences indicate potential short-term exhaustion, raising the risk of a retracement before further upward movement [1]. Bollinger Bands on the 4-hour chart show significant expansion, with price breaching the upper band near $0.154—a precursor to volatility contraction. Meanwhile, the Parabolic SAR on the 30-minute chart flipped above price, hinting at a possible reversal [1].

The short-term outlook hinges on the $0.150–$0.153 range. A successful hold above this zone could retest the intraday high of $0.172, with a potential extension toward $0.185–$0.190. Conversely, a breakdown below $0.150 may trigger a pullback to $0.138 or a deeper correction to $0.120. Traders are advised to monitor volume dynamics and SAR positioning for confirmation of either scenario. Derivatives activity remains muted, underscoring that the move has been primarily spot-driven [1].

Technical analysis highlights critical levels: resistance at $0.172 and $0.185, and support at $0.138 and $0.120. The EMA cluster on the 4-hour chart remains bullish, with all key moving averages (20, 50, 100, 200) stacked below price. However, the rising wedge and weakening momentum metrics suggest consolidation is likely before the next major directional move [1].

Source: [1] [Vine Coin (VINE) Price Prediction for July 29, 2025](https://coinedition.com/vine-coin-vine-price-prediction-for-july-29-2025/)