$VVV | Massive Bullish Momentum Following Supply Shock
$VVV (Venice Token) is exploding on the 1h chart, currently trading at $3.95294 (+37.13%). This parabolic move follows a major fundamental catalyst: a permanent 25% reduction in annual token emissions that took effect on February 10, 2026, significantly tightening the circulating supply. The price has decisively flipped the Supertrend (10,3) to green and is currently consolidating just below the $4.00 psychological resistance.
Execution Zone (Long): $3.80000 – $3.96000
Target I: $4.34677 (Recent Local High)
Target II: $4.70000 (Key February Target)
Target III: $5.00000+ (Psychological Discovery)
Invalidation: $3.54031 (Supertrend Support)
The technical structure is firmly bullish as the market absorbs the new deflationary tokenomics. With the RSI(6) at 59.87, there is still room for upward expansion before reaching overbought territory. A clean 1h candle close above $4.05 likely triggers a secondary rally toward the $4.70 zone as buyers defend the $3.54 support level.
