$VVV — CAN THE BULLS RECLAIM $24.35?
Venice Token is trying to stabilize after a sharp sell-off, but one bounce doesn't mean the downtrend is over.
Key Levels to Watch Resistance: $23.80–$24.35
🔹 Breakout target: $24.80
🔹 Next target: $25.50
🔹 Extended target: $26.00
🔹 Support zone: $22.00–$22.30
Bullish Scenario: A strong move above $24.35, backed by rising volume and a successful retest, could open the door toward $24.80 and $25.50. A push toward $26 would require sustained buying pressure.
Bearish Scenario: If VVV fails to reclaim resistance, sellers could push the price back toward the $22 support zone. A breakdown below support would weaken the recovery setup further.
The key isn't predicting the next candle—it's waiting for confirmation. Chasing a bounce without volume can be risky, especially after a steep decline.
VVV community, what comes first: a reclaim of $24.35 or another rejection?
#VVV #VeniceToken #CryptoTrading #Altcoins
Venice Token is trying to stabilize after a sharp sell-off, but one bounce doesn't mean the downtrend is over.
Key Levels to Watch Resistance: $23.80–$24.35
🔹 Breakout target: $24.80
🔹 Next target: $25.50
🔹 Extended target: $26.00
🔹 Support zone: $22.00–$22.30
Bullish Scenario: A strong move above $24.35, backed by rising volume and a successful retest, could open the door toward $24.80 and $25.50. A push toward $26 would require sustained buying pressure.
Bearish Scenario: If VVV fails to reclaim resistance, sellers could push the price back toward the $22 support zone. A breakdown below support would weaken the recovery setup further.
The key isn't predicting the next candle—it's waiting for confirmation. Chasing a bounce without volume can be risky, especially after a steep decline.
VVV community, what comes first: a reclaim of $24.35 or another rejection?
#VVV #VeniceToken #CryptoTrading #Altcoins