VVV Decides ATH Season Is Back on the Menu After 17% Surge—Short Sellers Absolutely Gutted
Vince Token [$VVV] decided to stop lurking in the shadows and make some noise in early trading, surging 17% and reminding everyone it hasn't forgotten how to print green candles. Somewhere, degens who kept the faith are suddenly very popular on Twitter.
The move came with serious backing from perpetual traders. Capital inflows hit $59.84 million, per CoinGlass data, while Funding Rates climbed to 0.0085%—suggesting traders are happily paying up to stay long. Either these people have conviction, or they've simply accepted their fate as liquidity for the greater good.
Meanwhile, short sellers had a rough 24 hours. Long liquidations came in at a modest $28,000. Short liquidations? A cool $215,000. The imbalance speaks for itself—bulls squeezing bears into submission. Someone's portfolio is currently in the fetal position, and it isn't the longs.
On the technical side, the Bull Bear Power (BBP) indicator confirmed buyers aren't going anywhere. The daily green histogram sits at levels last seen on March 13th, signaling sustained demand. Parabolic SAR dots remain positioned below price, a classic uptrend confirmation with no signs of buyer exhaustion. For those keeping score at home, that's bullish with a capital B and possibly some exclamation points.
All-time high back in play?
Price action shows minimal resistance between current levels and breakout territory. If $VVV keeps printing higher highs and higher lows, a 152% run back to its previous ATH of $19.9 looks achievable. Pushing past that would officially put $VVV into price discovery mode. At that point, we're all just guessing and having a great time doing it.
Bottom line: $VVV's rally has structural support, bullish funding rates, and short sellers eating losses for breakfast. ATH dreams are looking less like fantasy and more like a matter of when. Watch the tape, respect the data, and for the love of God, set your stop losses.
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