【$VVV Signal】Pullback to Long + 1H Strong Consolidation, Waiting for a Second Surge

The 1H timeframe experienced a massive rally yesterday and is currently in a strong consolidation at high levels. The price has formed dense support in the 2.60-2.65 range, with the 1H EMA20 $VVV 2.597( providing dynamic support. Looking at the 4H level, the price has moved far away from the EMA50 )2.087(, indicating a strong trend. The current pullback is a healthy digestion of profit-taking. Negative funding rate )-0.0457%( and stable open interest )OI Stable( suggest that bears are still paying costs, and the short squeeze risk remains. The order book shows significant buy-side depth, with a depth imbalance of 13.12%, indicating strong support below.

🎯Direction: Long )Long(

🎯Entry/Order: 2.605 - 2.615 )Reason: 1H EMA20 support zone + dense buy orders in the order book (

🛑Stop Loss: 2.565 )Reason: Break below the previous low of 2.602 on the 1H consolidation platform and ATR buffer (

🚀Target 1: 2.85 )Reason: 0.618 Fibonacci retracement of the previous correction + near the 4H previous high (

🚀Target 2: 3.00 )Reason: Psychological round number and resistance zone below the previous high of 3.208 (

🛡️Trading Management:

- Position Size Suggestion: Light )Reason: Significant rally within the day, extremely high volatility, risk control needed (

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price cannot hold above 2.65 and quickly falls back into the entry zone, exit immediately and observe.

Depth Logic: The past 24 hours saw a 28.61% increase, with huge volume and obvious main capital involvement. The 1H RSI )55.71( has healthy retraced from overbought territory, preparing for another upward move. The key is whether the price can stabilize above 2.60; if so, it will be considered a strong consolidation, with potential to challenge previous highs. Currently, shorting logic is invalid due to no clear top divergence and favorable funding rates for longs.

Trade here 👇 )
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