$VVV The 1H timeframe is strongly consolidating above EMA20 (3.706), after a volume breakout on the 4H timeframe, a pullback confirmation. The current price is close to the order book, with fierce battles between bulls and bears. The negative fee rate is as high as -0.4288%, but the price remains firm and open interest (OI) is stable, a typical precursor to a short squeeze, with clear main force support. The 1H RSI (63.46) is healthy and not overheated, preparing for another upward move.
🎯Direction: Long (Long)
🎯Entry/Order: 3.920 - 3.935 (Reason: 1H EMA20 support zone and current dense trading area )
🛑Stop loss: 3.720 (Reason: Break below previous 1H cycle low of 3.727 and ATR lower band )
🚀Target 1: 4.100 (Reason: Previous high resistance level and intraday high )
🚀Target 2: 4.350 (Reason: Based on recent rally’s 1.618 Fibonacci extension level )
🛡️Trade management:
- Position suggestion: Light position (Reason: Intraday gains have exceeded 30%, volatility is extremely high, risk and opportunity coexist )
- Execution strategy: After the price reaches 4.100, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 3.935. If the price cannot hold above 3.920 and quickly drops below, abandon the entry and wait for stronger signals.
Deep logic: Market logic indicates ‘price rising, combined with position volume,’ while open interest remains stable after a surge, with no significant outflow, indicating bulls are holding firm. The depth imbalance of -8.28% shows slightly heavier sell orders, but the bid-ask ratio (bid_ask_ratio_depth) is 0.85, still acceptable. Key is whether the price can establish support in the 3.92-3.93 range and volume again, confirming the continuation of the short squeeze. The negative fee rate is ongoing bullish fuel, and short covering will push prices higher.
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【$VVV Signal】Long! 1H pullback confirmation, negative fee rate short squeeze script activated
$VVV The 1H timeframe is strongly consolidating above EMA20 (3.706), after a volume breakout on the 4H timeframe, a pullback confirmation. The current price is close to the order book, with fierce battles between bulls and bears. The negative fee rate is as high as -0.4288%, but the price remains firm and open interest (OI) is stable, a typical precursor to a short squeeze, with clear main force support. The 1H RSI (63.46) is healthy and not overheated, preparing for another upward move.
🎯Direction: Long (Long)
🎯Entry/Order: 3.920 - 3.935 (Reason: 1H EMA20 support zone and current dense trading area )
🛑Stop loss: 3.720 (Reason: Break below previous 1H cycle low of 3.727 and ATR lower band )
🚀Target 1: 4.100 (Reason: Previous high resistance level and intraday high )
🚀Target 2: 4.350 (Reason: Based on recent rally’s 1.618 Fibonacci extension level )
🛡️Trade management:
- Position suggestion: Light position (Reason: Intraday gains have exceeded 30%, volatility is extremely high, risk and opportunity coexist )
- Execution strategy: After the price reaches 4.100, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 3.935. If the price cannot hold above 3.920 and quickly drops below, abandon the entry and wait for stronger signals.
Deep logic: Market logic indicates ‘price rising, combined with position volume,’ while open interest remains stable after a surge, with no significant outflow, indicating bulls are holding firm. The depth imbalance of -8.28% shows slightly heavier sell orders, but the bid-ask ratio (bid_ask_ratio_depth) is 0.85, still acceptable. Key is whether the price can establish support in the 3.92-3.93 range and volume again, confirming the continuation of the short squeeze. The negative fee rate is ongoing bullish fuel, and short covering will push prices higher.
Trade here 👇 $VVV
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