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Venice Token jumps 10% with triple trading volume, eyeing $15 resistance after pennant breakout

Technical Signals
18 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Venice Token (VVV) surged 10% in the last 24 hours, driven by a tripling of its trading volume to about $20.56 million and a 21% rise in Open Interest to $40.5 million. This price breakout from a pennant consolidation pattern signals a potential shift from accumulation to expansion, supported by increased retail participation. If the current momentum and market activity sustain, VVV could test the next resistance level at $15. However, failure to maintain the breakout might see the token retreat to the pennant's upper boundary before attempting another rally.

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