$VVV – Extended push into resistance showing signs of exhaustion
Trade Setup: Short $VVV
• Entry Zone: 6.50 – 6.90
• Target 1: 6.00
• Target 2: 5.50
• Target 3: 5.00
• Stop Loss: 7.30
The rally into this resistance zone has been aggressive, but upward momentum is visibly fading as price stalls and structure turns increasingly choppy. Follow-through from buyers is weakening, suggesting the move may be running out of steam at a key overhead level. When price becomes this extended into resistance with stalling action, sellers tend to reassert control and drive a meaningful pullback.
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VVVUSDT
Perp
6.193
-5.21%