Venice Token (VVV) rose over 10% to trade above $24, supported by a recent cut in annual token emissions and a buy-and-burn mechanism tied to API-credit purchases. Technical indicators show a generally bullish trend with price above key moving averages and positive longer-term momentum, though daily momentum signals remain mixed, suggesting caution. Key support at $23.37 and resistance at $25.64 will be crucial for confirming a sustained upward move. The outlook is cautiously positive, with fundamental supply reductions underpinning the recovery but momentum needing confirmation for a stronger breakout.
Venice Token (VVV) holds a market cap of Rp21,4 trillion and shows strong buying interest on Pluang, with 89% of order activity on the buy side as of Oct 16, 2026, 18:13 WIB. The token's price stands at Rp441.745, reflecting a 10.63% increase over the past day, while 24-hour trading volume reached Rp877,12 million. Typical hold time on Pluang is 6 days, indicating relatively short-term engagement by investors amid the current momentum.
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