Why: After aggressive move up, price is starting to show rejection near recent highs with slowing momentum. RSI elevated and candles showing hesitation suggests buyers may be losing strength short term. A pullback toward moving averages is likely as market cools down after impulsive rally.
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$VVV showing rejection after strong push up and potential short term exhaustion
Short $VVV
Entry: 4.28 – 4.36
SL: 4.75
TP1: 4.10
TP2: 3.95
TP3: 3.80
TP4: 3.60
Why:
After aggressive move up, price is starting to show rejection near recent highs with slowing momentum. RSI elevated and candles showing hesitation suggests buyers may be losing strength short term. A pullback toward moving averages is likely as market cools down after impulsive rally.
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{future}(VVVUSDT)