$VVV Eyes a Recovery Toward $25.45 After Reclaiming Support
VVV is showing renewed bullish momentum after rebounding from the $20.99 swing low. Price is currently trading near $23.96, with buyers attempting to push toward the previous resistance zone.
Long Setup
Entry Zone: $23.70 – $24.00
Stop Loss: $22.95
TP1: $24.45
TP2: $24.95
TP3: $25.45
Why This Setup?
The 1-hour chart shows a sharp recovery from the recent low, followed by price reclaiming the $23.70–$24.00 area. Holding above this zone could support another move toward $24.45, followed by $24.95 and the previous swing-high area near $25.45.
A sustained breakout above $24.45 would strengthen the bullish case. However, rejection near resistance or a loss of the entry zone could weaken the setup. A move below $22.95 invalidates this long trade plan.
Wait for confirmation and manage risk carefully. Targets are potential levels, not guaranteed outcomes.
VVV is showing renewed bullish momentum after rebounding from the $20.99 swing low. Price is currently trading near $23.96, with buyers attempting to push toward the previous resistance zone.
Long Setup
Entry Zone: $23.70 – $24.00
Stop Loss: $22.95
TP1: $24.45
TP2: $24.95
TP3: $25.45
Why This Setup?
The 1-hour chart shows a sharp recovery from the recent low, followed by price reclaiming the $23.70–$24.00 area. Holding above this zone could support another move toward $24.45, followed by $24.95 and the previous swing-high area near $25.45.
A sustained breakout above $24.45 would strengthen the bullish case. However, rejection near resistance or a loss of the entry zone could weaken the setup. A move below $22.95 invalidates this long trade plan.
Wait for confirmation and manage risk carefully. Targets are potential levels, not guaranteed outcomes.