Venice Token (VVV) reclaimed its 100-day exponential moving average after a 10% surge, while spot trading volume jumped 185% to $16.60 million and futures volume climbed 186% to $109.72 million over 24 hours. The 200-day EMA now represents the next technical hurdle to clear for buyers, with a $35.90 million liquidation cluster positioned near the $30.90 level. Derivatives data shows a modest preference for long positions, accounting for approximately 51% of reported positions, which could support the bullish outlook if spot buyers remain active. The key question is whether VVV can hold its reclaimed levels and consolidate its position above key moving averages.
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