$VVV Bearish Setup Capitulation Underway
$VVV is showing heavy signs of distribution as it breaks below key support levels. With the price failing to reclaim the $6.50 zone and the 15m trend sloping sharply downward, the path of least resistance remains to the downside.
Short VVV
* Entry: $6.15 – $6.30
* Stop Loss: $6.65
* Targets:
* 🎯 $5.80
* 🎯 $5.25
* 🎯 $4.80
:
* Resistance Rejection: The price was rejected hard at the $7.00 psychological barrier and has since lost nearly 26% of its value in the current session.
* Momentum: The "Red Box" highlights a high-velocity drop where the MA(7) is acting as a dynamic ceiling, preventing any significant recovery.
* Volume: Selling volume is consistently outpacing buying interest, suggesting that "dip buyers" are currently stepping aside.
Trade $VVV carefully; volatility is high.
#VVV
#GoldSilverOilSurge
#IranConfirmsKhameneiIsDead
#AnthropicUSGovClash
#RMJ_trades
$VVV is showing heavy signs of distribution as it breaks below key support levels. With the price failing to reclaim the $6.50 zone and the 15m trend sloping sharply downward, the path of least resistance remains to the downside.
Short VVV
* Entry: $6.15 – $6.30
* Stop Loss: $6.65
* Targets:
* 🎯 $5.80
* 🎯 $5.25
* 🎯 $4.80
:
* Resistance Rejection: The price was rejected hard at the $7.00 psychological barrier and has since lost nearly 26% of its value in the current session.
* Momentum: The "Red Box" highlights a high-velocity drop where the MA(7) is acting as a dynamic ceiling, preventing any significant recovery.
* Volume: Selling volume is consistently outpacing buying interest, suggesting that "dip buyers" are currently stepping aside.
Trade $VVV carefully; volatility is high.
#VVV
#GoldSilverOilSurge
#IranConfirmsKhameneiIsDead
#AnthropicUSGovClash
#RMJ_trades