Venice Token (VVV) continued its rebound after being listed on Robinhood, rising as high as $17.60 during the session before slightly retreating. At the time of the report's publication, the token was trading at $17.08, a 24-hour increase of 17.2%, with trading volume increasing by 106% to $95 million during the same period.

Sales volume increased after listing

The listing on Robinhood is seen as expanding VVV's reach and driving stronger short-term trading participation. The report also mentions that, in addition to the platform listing, market attention to the project's "AI + privacy" narrative has also fueled continued capital inflows.

Retail investors and whales enter the market simultaneously.

From a trading structure perspective, both retail investors and large-scale buyers in the spot market are increasing simultaneously. The report cites indicators such as spot trading activity and average order size, stating that small traders are significantly involved in this round of price increases, while large orders continue to appear, indicating that some whale funds are also increasing their positions.

This buying activity, originating from different funding levels, indicates a relatively concentrated market demand in the short term. The article argues that this situation typically strengthens upward price momentum but could also accelerate the escalation of market sentiment.

$20 becomes the next threshold

Despite VVV's continued rebound, reports indicate that the token has not yet firmly established itself above $19, with $20 remaining the next more closely watched psychological level. VVV previously dipped to around $12 before quickly rebounding, suggesting that buying pressure at lower levels provided support.

The article also mentions that the 50-day and 100-day moving averages have turned into support areas, reflecting an improvement in the recent trend. Meanwhile, the Connors RSI is approaching 79, nearing overbought territory, indicating that the current trend remains strong, but signs of short-term overheating are also accumulating.

Short-term volatility may increase.

If the current momentum continues, VVV may first attempt to reclaim $19 and then further test the resistance near $20. However, the rapid increase in trading volume, rising sentiment, and indicators approaching overbought levels also mean that price volatility may intensify simultaneously.