$VVV IS TESTING BEARISH RESISTANCE THAT COULD TRIGGER A SWEEP LOWER ๐ด
Entry: 12.845 ๐ฅ
Target: 12.300 ๐
Target 2: 11.800 ๐
Stop Loss: 13.250 โ ๏ธ
Price has been rejected twice at 13.25 and is now back below 12.85 with declining volume on each bounce. Momentum is fading fast and the daily structure is favoring shorts until we reclaim that resistance zone. The risk-to-reward on the first target alone is roughly 1:1.7, and if 12.30 breaks, the path to 11.80 opens up quickly.
Are you holding the short or waiting for a retest of 13.25?
Not financial advice. Always manage your risk.
#VVV #ShortSetup #Bearish #TradingSignal
๐ด
Entry: 12.845 ๐ฅ
Target: 12.300 ๐
Target 2: 11.800 ๐
Stop Loss: 13.250 โ ๏ธ
Price has been rejected twice at 13.25 and is now back below 12.85 with declining volume on each bounce. Momentum is fading fast and the daily structure is favoring shorts until we reclaim that resistance zone. The risk-to-reward on the first target alone is roughly 1:1.7, and if 12.30 breaks, the path to 11.80 opens up quickly.
Are you holding the short or waiting for a retest of 13.25?
Not financial advice. Always manage your risk.
#VVV #ShortSetup #Bearish #TradingSignal
๐ด