$VVV
Daily just printed a decisive impulse off the 1.55 base, snapping the short-term downtrend. This is a momentum reversal attempt, but it’s running into a key supply band near 2.38–2.85. Bias: bullish on pullbacks, not on chasing.
Trade plan (Long):
Entry: 2.05–2.20 (retest after the spike)
Stop: 1.95 (lose this and the breakout weakens)
Targets: 2.38 → 2.85 → 3.31
Breakout continuation (only if strength holds):
Entry: daily close above 2.38
Stop: 2.20
Targets: 2.85 → 3.31 → 3.67
Pro tips:
After a vertical candle, wait for the first pullback; best trades come from patience.
Take partial at T1 and trail the rest under higher lows to avoid giving profits back.
If price rejects 2.38 hard and closes back below 2.20, step aside—reversal traps are brutal.