#VVV -30% down since “Sell area”
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Wiсk
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#VVV / USDT (1D) — Outlook
$VVV has shown strong bullish momentum, but price is now approaching a major rejection zone between $19–21. This area is critical and could decide the next big move.
•Short-term outlook:
A rejection from this zone may trigger a corrective phase before continuation. Market structure suggests volatility ahead with multiple swing formations.
•Projected sell / target area:
If bullish momentum continues, the potential distribution or sell zone lies between $50–64. This region could act as a major resistance and profit-taking area.
•Possible downside scenario:
After completing the projected wave structure, price may enter a deeper correction.
•Accumulation zone:
Mid-term accumulation interest is marked around $7–8.5, where buyers may look for re-entry opportunities.
https://www.tradingview.com/x/g6WUZ8i1
$VVV has shown strong bullish momentum, but price is now approaching a major rejection zone between $19–21. This area is critical and could decide the next big move.
•Short-term outlook:
A rejection from this zone may trigger a corrective phase before continuation. Market structure suggests volatility ahead with multiple swing formations.
•Projected sell / target area:
If bullish momentum continues, the potential distribution or sell zone lies between $50–64. This region could act as a major resistance and profit-taking area.
•Possible downside scenario:
After completing the projected wave structure, price may enter a deeper correction.
•Accumulation zone:
Mid-term accumulation interest is marked around $7–8.5, where buyers may look for re-entry opportunities.
https://www.tradingview.com/x/g6WUZ8i1