๐ด $VVV โ FUTURES SHORT ๐ | 1H Bearish Breakdown Setup
Venice Token is in a strong 1H downtrend after a sharp breakdown through the 23.00 area. Price is now near the 21.423 low with heavy selling volume, favoring continuation if support fails.
๐ Entry Zone: 21.70 โ 22.10
๐ Stop Loss: 22.65
๐ฏ TP1: 21.40
๐ฏ TP2: 20.90
๐ฏ TP3: 20.40
โก Futures Leverage: 10โ20x
๐ฐ Risk Management: Use only 1โ2% of your total assets for this trade.
๐ Technical Context: โข VVV is making clear lower highs and lower lows on the 1H chart. โข Price is trading far below the Bollinger middle band at 24.518. โข The recent low at 21.423 is the immediate support. โข Heavy selling volume confirms strong bearish momentum. โข A clean break below 21.423 can trigger another downside leg. โข Lower Bollinger Band is around 22.256, but price is already below it, showing extreme downside momentum. โข Overall 1H structure remains strongly bearish. โข Avoid chasing an extended candle; a weak bounce/retest is preferable. โข A sustained reclaim above 22.65 invalidates the setup.
โ ๏ธ Don't chase the dump. Wait for a weak bounce/retest and bearish rejection before entering.
Trade $VVV Here ๐
โ ๏ธ Not financial advice. Trade at your own risk.
#VVV #altcoins #FuturesTrading #ShortSetup #crypto
Venice Token is in a strong 1H downtrend after a sharp breakdown through the 23.00 area. Price is now near the 21.423 low with heavy selling volume, favoring continuation if support fails.
๐ Entry Zone: 21.70 โ 22.10
๐ Stop Loss: 22.65
๐ฏ TP1: 21.40
๐ฏ TP2: 20.90
๐ฏ TP3: 20.40
โก Futures Leverage: 10โ20x
๐ฐ Risk Management: Use only 1โ2% of your total assets for this trade.
๐ Technical Context: โข VVV is making clear lower highs and lower lows on the 1H chart. โข Price is trading far below the Bollinger middle band at 24.518. โข The recent low at 21.423 is the immediate support. โข Heavy selling volume confirms strong bearish momentum. โข A clean break below 21.423 can trigger another downside leg. โข Lower Bollinger Band is around 22.256, but price is already below it, showing extreme downside momentum. โข Overall 1H structure remains strongly bearish. โข Avoid chasing an extended candle; a weak bounce/retest is preferable. โข A sustained reclaim above 22.65 invalidates the setup.
โ ๏ธ Don't chase the dump. Wait for a weak bounce/retest and bearish rejection before entering.
Trade $VVV Here ๐
โ ๏ธ Not financial advice. Trade at your own risk.
#VVV #altcoins #FuturesTrading #ShortSetup #crypto