Venice Token jumps 11% as breakout targets $21 pennant pole

Venice Token’s $VVV rose 11% in 24 hours after breaking out of a consolidation pattern four days ago, putting the $21 pennant pole in focus as its next major technical target. The move coincided with the launch of Veil’s Multi-Asset Pool on Base, which supports five tokens including $VVV and allows users to deposit ERC20 and B20 tokens. Open Interest (the value of outstanding derivatives contracts) increased 16% to $53 million, while trading data showed stronger retail participation in spot markets and whale dominance in futures. A $35.56 million liquidity cluster around $21 could make that level important for bulls and holders. Sustaining prices above the breakout zone would support a continuation toward $21, while a failed breakout could trigger a retest of the pattern’s upper boundary.

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