$VVV - LONG Setup
Entry: 1.400 – 1.415 (On a bounce from the rising support trendline with bullish momentum)
Target 1:1.480 (24h High)
Target 2:1.550
Stop Loss:1.385 (Below the recent swing low and key support)
My View:
VVV is painting a clear picture of consolidation within an uptrend.The price is making consistent higher lows, finding strong support around the $1.400 area. The move up from the $1.369 low has been steady, and the current pullback looks like a healthy retracement within a bullish structure. The order book shows solid bid support stacking up below the current price. The 4H chart shows the price holding above key moving averages. I'm looking for this support zone to hold and for price to show a reversal candle, confirming buyers are stepping in to continue the trend. The target is a retest and breakout above the 24h high.
Bias: Bullish above $1.400. A breakdown below $1.385 would challenge the bullish structure.
