$VVV Strong 4H momentum is still bullish, but the latest rejection near $18.50 makes this a confirmation-based setup rather than a chase.
$VVV /USDT — LONG
Trade Plan
Entry: $17.45–$17.70
SL: $16.90
TP1: $18.50
TP2: $19.20
TP3: $20.00
Why this setup?
The 4H chart shows a clear sequence of higher highs and higher lows from the $14.00 region. Price then built a broad consolidation between roughly $16.50 and $17.50 before breaking upward with a strong expansion candle. That breakout reclaimed the $17.00 area and pushed rapidly toward $18.50 resistance.
The 1H structure should now be watched for a higher low above $17.00. A controlled pullback into $17.45–$17.70 would offer a cleaner confirmation area than entering after the vertical move. MA 7, MA 25, and MA 99 should ideally remain bullishly aligned, with MA 7 above MA 25 and MA 25 above MA 99.
Volume is important here: continuation should come with renewed buying volume, while weak-volume recovery could signal exhaustion. The key support retest is $17.00–$17.45. A decisive 4H close below $16.90 invalidates the setup.
Manage risk carefully and avoid chasing $VVV after a large breakout candle.
$VVV /USDT — LONG
Trade Plan
Entry: $17.45–$17.70
SL: $16.90
TP1: $18.50
TP2: $19.20
TP3: $20.00
Why this setup?
The 4H chart shows a clear sequence of higher highs and higher lows from the $14.00 region. Price then built a broad consolidation between roughly $16.50 and $17.50 before breaking upward with a strong expansion candle. That breakout reclaimed the $17.00 area and pushed rapidly toward $18.50 resistance.
The 1H structure should now be watched for a higher low above $17.00. A controlled pullback into $17.45–$17.70 would offer a cleaner confirmation area than entering after the vertical move. MA 7, MA 25, and MA 99 should ideally remain bullishly aligned, with MA 7 above MA 25 and MA 25 above MA 99.
Volume is important here: continuation should come with renewed buying volume, while weak-volume recovery could signal exhaustion. The key support retest is $17.00–$17.45. A decisive 4H close below $16.90 invalidates the setup.
Manage risk carefully and avoid chasing $VVV after a large breakout candle.
