🟥🟥 $VVV LIMIT SHORT TRADE 🟥🟥
Short #VVV
Entry: 6.71 – 6.95
Stop Loss: 7.35
TP1: 6.20
TP2: 5.75
TP3: 5.30
Why put the limit order there?
1️⃣ Lower High Resistance
After the spike near 7.30, price dropped and is now bouncing. The 6.7–6.9 zone could act as a lower high where sellers step in again.
2️⃣ Pullback After Rejection
The strong rejection from the top suggests buyers are losing momentum, and the current move looks like a retracement before another leg down.
3️⃣ Previous Support Flip
The 6.7 area previously acted as support during the pump and can now flip into resistance.
4️⃣ Better Risk-to-Reward
Shorting near 6.7 resistance keeps risk controlled while targeting the deeper support levels around 6.2–5.3.
✅ Simple plan:
Place limit short around 6.71
Stop loss 7.35
Let the market push slightly into the resistance zone before the next move.
⚠️ If price breaks and holds above 7.35, the bearish setup becomes invalid and the uptrend may continue.
Trade $VVV here 👇 📉
