*$VVV
USDT - Venice Token*
*Current Price: 17.000 USDT +0.62%*
High in 24h: 17.548
Low in 24h: 16.089
### *1. Trend*
- Up from 9.802 to 17.844 = +82%
- *MA7: 15.140* Price is above it
- *MA25: 12.721* Price is above it by a gap
- *MA99: 13.880* Price is above it by a gap
All averages are broken upward. Price is making new highs at 17.844.
The short-, medium-, and long-term trends are all bullish.
### *2. Momentum*
- *RSI(6): 93.68* Very strong overbought
- *OBV: 554,110,838.970* At a new peak: continuous inflow of liquidity
- *Volume*: 2.04M VVV = 34.30M USDT, excellent volume
### *3. Most Important Levels*
- *First resistance*: 17.548 today’s high
- *Second resistance*: 17.844 historical high
- *Strong resistance*: 18.247
- *First support*: 15.140 at MA7
- *Second support*: 13.880 at MA99
- *Third support*: 12.721 at MA25
- *Strong support*: 11.169
- *Very strong support*: 9.802 previous low
### *Conclusion*
VVV is making a new high at 17.844, then it pulled down to 17.00.
From 9.8 to 17.8 in a short period—up +82%.
Price is above MA7, MA25, and MA99—each of them is pointing upward.
RSI 93 is extremely overbought. A cooldown or a near-term correction is necessary.
OBV at the peak means there is still buying.
*Bullish scenario*: Hold above 15.14, we test 17.54, then the high 17.84, then 18.24.
*Bearish scenario*: Break below 15.14, we retest 13.88 (MA99). If it breaks, we return to 12.72 (MA25).
Most important level now: 15.140. Holding above MA7 keeps the uptrend.
Second key level: 17.844. A breakout above the high opens 18.24.
*Note*: The trend is excellent, but the overbought is high.
If you’re not in yet, wait for a pullback to 15.1 or 13.8. If you’re in, place a stop below 15.14
#BitcoinStrongestWeekSinceMarch2023
USDT - Venice Token*
*Current Price: 17.000 USDT +0.62%*
High in 24h: 17.548
Low in 24h: 16.089
### *1. Trend*
- Up from 9.802 to 17.844 = +82%
- *MA7: 15.140* Price is above it
- *MA25: 12.721* Price is above it by a gap
- *MA99: 13.880* Price is above it by a gap
All averages are broken upward. Price is making new highs at 17.844.
The short-, medium-, and long-term trends are all bullish.
### *2. Momentum*
- *RSI(6): 93.68* Very strong overbought
- *OBV: 554,110,838.970* At a new peak: continuous inflow of liquidity
- *Volume*: 2.04M VVV = 34.30M USDT, excellent volume
### *3. Most Important Levels*
- *First resistance*: 17.548 today’s high
- *Second resistance*: 17.844 historical high
- *Strong resistance*: 18.247
- *First support*: 15.140 at MA7
- *Second support*: 13.880 at MA99
- *Third support*: 12.721 at MA25
- *Strong support*: 11.169
- *Very strong support*: 9.802 previous low
### *Conclusion*
VVV is making a new high at 17.844, then it pulled down to 17.00.
From 9.8 to 17.8 in a short period—up +82%.
Price is above MA7, MA25, and MA99—each of them is pointing upward.
RSI 93 is extremely overbought. A cooldown or a near-term correction is necessary.
OBV at the peak means there is still buying.
*Bullish scenario*: Hold above 15.14, we test 17.54, then the high 17.84, then 18.24.
*Bearish scenario*: Break below 15.14, we retest 13.88 (MA99). If it breaks, we return to 12.72 (MA25).
Most important level now: 15.140. Holding above MA7 keeps the uptrend.
Second key level: 17.844. A breakout above the high opens 18.24.
*Note*: The trend is excellent, but the overbought is high.
If you’re not in yet, wait for a pullback to 15.1 or 13.8. If you’re in, place a stop below 15.14
#BitcoinStrongestWeekSinceMarch2023