Entry Zone
$5.40–$5.70
Current structure / micro pullback
Stop Loss $4.60
Below key daily support · ~18% risk
Target 1 $7.50
0.786 Fib retracement / prior ATH zone
Target 2 $9.00+
Weekly resistance / psychological level
Support & Resistance Levels
Major Resistance / Previous ATH $8.50
Resistance
Psychological + Prior Distribution
$7.00–$7.50
Resistance
Near-term Supply Zone
$6.00–$6.50
Resistance
Current Price
$5.665
Current
Daily BOS / Immediate Support
$5.00
Support
Weekly Demand Zone
$4.40–$4.80
Support
Major Structural Support / CHoCH
$3.50
Support
Cycle Low Support
$1.00–$1.50
Support
Level
The $5.00 level is the most critical near-term pivot. This aligns with the daily BOS from the January 2026 breakout and doubles as a psychological round number. A weekly close above $6.00 would confirm re-entry into the prior distribution zone and target $7.00–$7.50.
The $4.40–$4.80 demand zone represents the last line of defense for the weekly bullish structure. Any pullback into this zone should be treated as a high-probability long opportunity with a well-defined stop beneath $4.20.
The $8.50 ATH (Jan 2026 high) is the ultimate breakout target above which price discovery would resume. Prior distribution between $6.50–$7.50 will offer meaningful resistance requiring multiple tests to overcome.
$VVV
