Foreign media reports that Venice Token (VVV) has fallen by more than 10% in the past 24 hours, breaking below the key area around $15, further weakening its short-term trend. The article argues that after this area was breached, the market has not yet shown effective stabilization, and sellers continue to dominate the short-term pace.

The $15 mark has been breached.

The report noted that VVV had previously formed a relatively balanced trading range around $15. After the price broke below this level, the existing short-term support weakened, and bearish pressure increased. If buying pressure cannot quickly recover this level, selling pressure may continue to accumulate.

Retail investors and small-cap whales are more active.

During the rapid price decline, retail investor trading activity increased significantly, and small-to-medium-sized whale wallets also participated more frequently. The article argues that this indicates some funds are attempting to absorb the downward pressure.

However, large whales have yet to make any significant moves during this downturn. Foreign media outlets point out that retail buying can slow the decline in the short term, but without deeper liquidity support, rebounds are often unsustainable.

Trading volume increased, but the direction remained unclear.

As volatility increased, trading activity in VVV rose in tandem. The report suggests this typically indicates the market is searching for a new direction, with buyers and sellers still repricing.

Currently, VVV has not yet regained the $15 mark, and its short-term structure remains weak. If stronger demand emerges, the price may find support at lower levels; however, if large amounts of capital remain on the sidelines, sellers may further extend the decline.