VVV is perched on the edge of a precipice, with a potential short setup that could unravel the entire market structure. The writing is on the wall, and the bears are circling.
━━━━━━━━━━━━━━━━━━━━━
🔴
$VVV SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $13.6583 – $13.6857
🛑 Stop Loss: $14.0822 (-3.0%)
🎯 TP1: $13.4669 (+1.5%)
🏆 TP2: $12.9884 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
━━━━━━━━━━━━━━━━━━━━━
This VVV short setup has all the hallmarks of a high-probability trade, with the CHoCH signal flashing a market structure break, while the CVD confirms the direction with conviction, and the FVG and OB confluence at the POI seals the deal. The overall market structure is looking increasingly fragile, with the order block and fair value gap overlap screaming for a retest of lower levels. With a confidence level of 91%, the odds are firmly in favor of the bears.
A 3.0% stop loss might be considered relatively tight, but with a favorable risk-to-reward ratio of 1:1.7, it's a calculated gamble that could pay off handsomely, especially with moderate leverage
It's likely a good idea to take some profit off the table at the first target, as this will not only lock in some gains but also reduce exposure to any potential reversal that might unfold
Not financial advice — always manage your own risk 🙏
$VVV #VVVUSDT #SHIB #TradingSignals #Write2Earn