
The Venice (VVV) token price jumped nearly 8% to around $8.40, breaking into a critical resistance zone between $9 and $10 that could trigger further gains. Derivatives data shows bullish positioning with a potential short squeeze above this level, which may accelerate the rally toward $15–$17 and possibly retest the $22 all-time high. The token has been steadily rising within a defined upward channel since early 2026, supported by strong market momentum and limited downside risk as long as key support levels hold. A confirmed breakout above $10 is expected to drive a rapid price expansion, while failure to break this level could lead to short-term consolidation.