$VVV — Getting Rejected At 29.93 Trendline Supply, Breakdown Loading 📉
Trade Plan: Short $VVV
Entry: 29.80 - 30.00
SL: 30.697
TP: 28.716 | 27.444 | 25.898
Why this Setup?
VVV has pushed into the 29.93 resistance/trendline area after a sharp upside move, but the rejection is now forming back beneath the breakdown zone. A loss of 28.716 could open the next downside leg toward 27.444, with 25.898 acting as the deeper support target. As long as 30.697 holds, the bearish setup remains valid.
Trade $VVV here 👇
Trade Plan: Short $VVV
Entry: 29.80 - 30.00
SL: 30.697
TP: 28.716 | 27.444 | 25.898
Why this Setup?
VVV has pushed into the 29.93 resistance/trendline area after a sharp upside move, but the rejection is now forming back beneath the breakdown zone. A loss of 28.716 could open the next downside leg toward 27.444, with 25.898 acting as the deeper support target. As long as 30.697 holds, the bearish setup remains valid.
Trade $VVV here 👇
