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Venice Token is trading at $24.249, after a wild swing that saw it jump 3.14% in 15 minutes and then pull back 13%. The 24h high is $27.988 and the low is $22.179, so the volatility is real. Price is currently hovering just above EMA5 ($24.153) and EMA10 ($24.023), while EMA30 sits at $23.963 – meaning the short-term trend is trying to stabilize. The MACD is showing a bullish crossover: DIF (-0.013) is above DEA (-0.039), with the histogram turning positive at 0.025. That tells me selling momentum is fading and buyers might be stepping back in. Volume is 161.50K, which is below the 10-period average of 20.05K – so the move isn’t backed by heavy volume yet, but that could change.
If VVV holds above $23.90, I’m expecting a bounce toward $26.00 and $27.50. But if it breaks below $23.90, the next support is around $22.18.
Trading Plan:
· Entry: $24.00 – $24.30
· Stop Loss: $22.80
· TP1: $26.00
· TP2: $27.50
· TP3: $29.00
👇 Do you think VVV will bounce from here or continue its slide? Drop your thoughts below!#GateLaunchesTrenchesWith0GasFee #USStocksRecordSixthLargestWeeklyInflowSince2008