Vine Coin Plunges 60%—Can It Rebound 40% and Rally to $0.10?

Vine Coin just got crushed—down a brutal 60% in a market that clearly has no patience for underperformers.

Now the question on everyone’s mind: can this thing actually stage a comeback?

Rebound Mode: 40% Upside?

A 40% bounce sounds tempting—almost too tempting. We’ve all seen altcoins flash recovery signs before fading back into obscurity. But hey—this is crypto. Stranger things have happened.

The $0.10 Target

Hitting ten cents would require more than hopium—it’d need a serious shift in momentum. Maybe a sudden partnership, a viral moment, or just old-fashioned FOMO kicking in. But let’s be real—most retail traders are just here for the dopamine hit, not the fundamentals.

Final Take

Could it happen? Sure. Will it? That’s the kind of gamble that makes traditional finance guys spill their lattes—which, honestly, is half the fun.

Key Takeaways 

Vine Coin has consolidated losses above $0.05 for the past few days. Is it the springboard for a recovery? 

Vine Coin [VINE] has stabilized above $0.05 after heavy profit-taking in August that erased the entire +300% upswing in July. 

In the past few days, the altcoin has consolidated between $0.5 and $0.10, forming a base that could front a recovery in case of a positive market sentiment. 

Is a rebound on the cards?

Source: VINE/USDT, TradingView

On the price charts, the price bounced off the trendline support after the 60% dump in August, marking the level as a key demand zone.

This was above $0.05 price level and could support the recovery thesis if the trendline is defended. 

However, bulls had to clear the $0.08 to advance to the next crucial target at the 50% Fib level at $0.01.

A potential 40% gain could be possible if bulls could manage to clear the overhead hurdle at $0.08 and march to $0.01. 

The above MOVE could be confirmed if trading volume cracks the resistance (white trendline) on the OBV. Otherwise, the VINE could continue to consolidate losses above $0.05. 

A break below $0.05 and the trendline support WOULD invalidate the bullish thesis. 

That being said, the liquidation heatmap also marked out $0.08 as a key level that could set the pace for recovery.

The zone (marked yellow) had significant short liquidations that could attract price action. A short-squeeze at the level could push VINE higher under positive market conditions. 

Source: CoinGlass

Overall, after a 300% explosive upswing in late July, VINE erased nearly all its gains in August. 

But there appeared to be seller exhaustion, and the altcoin was consolidating losses above $0.05. This could set up the stage for a strong VINE rebound towards $0.1, especially if buyers step in.  

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion