$VVV is showing clear signs of exhaustion after failing to hold higher levels. Sellers are stepping in, and momentum is turning bearish. Trade Plan – Short Entry Zone: $6.10 – $6.20 Stop Loss: $6.35 Targets: TP1: $6.00 TP2: $5.80 TP3: $5.50 TP4: $4 Why this setup works: Price struggling near resistance, showing lower highs. Momentum fading with aggressive selling pressure. Risk-reward is favorable for a controlled short. If the selling continues, $VVV could revisit $4 as the next major liquidity zone.
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$VVV – Short Setup Alert
$VVV is showing clear signs of exhaustion after failing to hold higher levels. Sellers are stepping in, and momentum is turning bearish.
Trade Plan – Short
Entry Zone: $6.10 – $6.20
Stop Loss: $6.35
Targets:
TP1: $6.00
TP2: $5.80
TP3: $5.50
TP4: $4
Why this setup works:
Price struggling near resistance, showing lower highs.
Momentum fading with aggressive selling pressure.
Risk-reward is favorable for a controlled short.
If the selling continues, $VVV could revisit $4 as the next major liquidity zone.