$VVV USDT Bearish Pullback After Strong Rally 📉
The chart shows a strong bullish impulse followed by rejection near the 7.20–7.30 resistance zone. Price is now forming a lower high on the 1H timeframe, indicating weakening momentum. If sellers maintain control below the resistance area, a corrective move toward lower support levels is likely.
Trade Setup (Short):
Entry Range: 6.65 – 6.85
Target 1: 6.30
Target 2: 6.00
Target 3: 5.70
Stop Loss (SL): 7.30
Key Levels:
Resistance: 7.20 – 7.30
Support: 6.30 / 6.00 / 5.70
Market Outlook:
After a rapid upward move, the market is showing signs of exhaustion with rejection at the top and consolidation below resistance. A breakdown below 6.60 support could accelerate bearish momentum and trigger a deeper pullback toward the 6.00–5.70 zone. Traders should watch for increased selling volume to confirm continuation. ⚠️#BinanceTGEUP #UseAIforCryptoTrading #TrumpSaysIranWarWillEndVerySoon