Venice Token is showing a powerful breakout on the daily chart, rising 45.58% to around $25.83. Price has moved well above the 7, 30, and 200-day moving averages, confirming a strong shift in momentum.
RSI is around 81.6, showing extreme buying pressure but also warning that the move is heavily overbought.
MACD remains strongly positive at 0.76, while the sharp increase in volume adds strength to the breakout. The next major level to watch is around $26.79, the recent high.
A clean break above it could open the way toward $28 and higher. On the downside, $21 is now an important support zone. If $VVV holds above it, the current momentum could have more room to run, but a pullback would not be surprising after such a sharp move.
#Altcoin Season#
RSI is around 81.6, showing extreme buying pressure but also warning that the move is heavily overbought.
MACD remains strongly positive at 0.76, while the sharp increase in volume adds strength to the breakout. The next major level to watch is around $26.79, the recent high.
A clean break above it could open the way toward $28 and higher. On the downside, $21 is now an important support zone. If $VVV holds above it, the current momentum could have more room to run, but a pullback would not be surprising after such a sharp move.
#Altcoin Season#
