$VVV /USDT
Update:Fibonacci Retest & Re-Entry Setup🎯
Price provided an initial bullish reaction from our support zone and formed a localized push upward. Currently, it is pulling back for a retest. The token is testing the Fibonacci OTE (Optimal Trade Entry) zone (0.5 – 0.618) aligned directly with the 11.852 POC, presenting a solid re-entry or position-building opportunity.
📌 Trade Parameters:
Entry: 11.88 – 11.81 (0.5 – 0.618 Fib OTE / POC)
Stop-Loss: 11.70 (Below the pullback low) or 11.42 (Conservative)
Take-Profit: 12.78 (Main resistance target)
Risk/Reward Ratio: ~4.5:1
We are monitoring buyer defense around these levels. As long as the 0.618 Fib level holds, the setup favors a continuation toward higher targets.
DYOR / Not Financial Advice. Always manage your risk! $VVV #trading #smartmoney #analysis▶️
Update:Fibonacci Retest & Re-Entry Setup🎯
Price provided an initial bullish reaction from our support zone and formed a localized push upward. Currently, it is pulling back for a retest. The token is testing the Fibonacci OTE (Optimal Trade Entry) zone (0.5 – 0.618) aligned directly with the 11.852 POC, presenting a solid re-entry or position-building opportunity.
📌 Trade Parameters:
Entry: 11.88 – 11.81 (0.5 – 0.618 Fib OTE / POC)
Stop-Loss: 11.70 (Below the pullback low) or 11.42 (Conservative)
Take-Profit: 12.78 (Main resistance target)
Risk/Reward Ratio: ~4.5:1
We are monitoring buyer defense around these levels. As long as the 0.618 Fib level holds, the setup favors a continuation toward higher targets.
DYOR / Not Financial Advice. Always manage your risk! $VVV #trading #smartmoney #analysis▶️