VVV breaks out of abnormal trading, with 30-minute trading volume surging by 36.1%, currently quoted at 2.47 USDT.
From a technical perspective, the key support level on the 1-hour chart is at 2.471, only 0.76% away from the current price. The lower support zone is locked in at around 2.007-2.024. When approaching these support areas, it is often a good time to consider going long.
If you have a bullish outlook, you can place an order around 2.471, with a take-profit target aimed at the resistance level at 2.73.
It is worth noting that a sharp increase in trading volume often indicates that the market is about to start moving. Next, closely monitor VVV's subsequent performance to see if the trading volume can continue to expand, which is key to judging the future trend.
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AirdropGrandpa
· 01-10 12:58
The volume suddenly exploded. Isn't this about to take off? Don't tell me it's just another false alarm.
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rekt_but_resilient
· 01-10 12:47
The trading volume is so strong, it feels like it's about to take off, but it depends on whether it can hold steady.
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BlockchainBard
· 01-10 12:37
How many times have you heard the phrase "trading volume surging"... Every time they say it will start, but what about now? It still depends on whether it can stabilize above 2.471 later on.
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ImpermanentLossFan
· 01-10 12:33
The surge in volume does indicate something, but I always feel a bit uneasy at the 2.47 level... Let's wait and see.
VVV breaks out of abnormal trading, with 30-minute trading volume surging by 36.1%, currently quoted at 2.47 USDT.
From a technical perspective, the key support level on the 1-hour chart is at 2.471, only 0.76% away from the current price. The lower support zone is locked in at around 2.007-2.024. When approaching these support areas, it is often a good time to consider going long.
If you have a bullish outlook, you can place an order around 2.471, with a take-profit target aimed at the resistance level at 2.73.
It is worth noting that a sharp increase in trading volume often indicates that the market is about to start moving. Next, closely monitor VVV's subsequent performance to see if the trading volume can continue to expand, which is key to judging the future trend.