$VVV – Rejection at MA25 Support: Positioning for a Trend Continuation

Long $VVV

Entry: 2.850 – 2.910

SL: 2.640

TP: 3.250 – 3.480 – 3.660

Price Action Description:

On the 4h chart, $VVV maintains a robust bullish structure with a clear sequence of higher highs and higher lows. Following its peak at 3.66, the price underwent a healthy technical retracement toward the MA25 dynamic support (pink line). I’m seeing significant lower wicks forming at this level, which suggests that dip-buyers are aggressively stepping in to defend the primary uptrend. As long as the price stays above the 2.80 mark and respects the MA25, the bulls remain in firm control. I expect VVV to complete its consolidation shortly and gather enough momentum to retest its previous highs.

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VVVUSDT

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2.984

-0.53%