#VVV Could soon reach $6 if the bull run persists.... #VVVonBinanc $VVV /USDT: Recovery in Progress – Key Resistance Ahead ❗#VVV is currently trading at $5.224, showing a modest +0.71% gain over the past 24 hours. The token touched a 24-hour high of $5.888 and a low of $3.722, highlighting significant recovery from recent lows.
Key Levels to Watch
Resistance: $5.650 – A breakout above this level could ignite further bullish momentum.
Support: $4.800 – Holding above this zone is crucial to maintain recovery.
Trade Setup
Entry Zone: $5.100–$5.300 – Ideal for entering as the price consolidates near the current level.
Stop-Loss: Below $4.750 to minimize downside risk.
Targets
1. $5.650 (Short-Term)
2. $6.000 (Mid-Term)
3. $6.500 (Extended Target)
Technical Indicators
RSI: At 65.28, showing bullish momentum but approaching overbought territory.
MACD: Positive divergence, confirming bullish recovery is in play.
Market Insight
VVV’s sharp recovery from its low of $2.294 reflects renewed buying interest, with the RSI and MACD both supporting further upside potential. However, a rejection at $5.650 could trigger a pullback. Watch for volume spikes to confirm the strength of the ongoing rally.
Pro Tip: Monitor resistance levels closely for breakout confirmation, and keep a tight stop-loss given the volatility.
