đ $VVV /USDT Short Trade Signal â VVV at ~$3.29
BEARISH MOMENTUM GAINING GROUND AFTER EXTREME RALLY
VVV's parabolic climbânearly 10x in a weekâdeeply stretches bullish sentiment. With price hovering near all-time highs, the risk of a sharp correction is elevated. A break below key support could spark a swift pullback.
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đ Trade Setup
Component Level
Entry Zone $3.20 â $3.30 (near recent peak)
Take Profit 1 $30580 (initial support zone)
Take Profit 2 $2.950 (deeper correction level)
Stop Loss $3.50 (just above new ATH)
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đ§ Market Outlook
Overbought & Overextended: A surge of 870% in a single week suggests market fatigue; retracements are common after such intense rallies.
All-Time High Resistance: Price currently trades just below the ATH (~$3.37), a zone often seen as a strong psychological barrier before selling pressure builds.
Potential Airdrop Sell-Off Risk: Earlier airdrop activity around late July may prompt holders to offload gainsâa typical trigger for sharp pullbacks in altcoins.
Short-Term Volatility Still High: Momentum remains intense; price could swing rapidly in either directionârisk management is vital. #VVVđ„đ„đ„ #Futu #BinanseSquaretalks #perfectpost #SHORTđ