📉 $VIRTUAL /USDT – Caught Between Trend Reversal & Resistance

Trend Context:

After a strong multi-week uptrend, price peaked near $2.60 and entered a gradual downtrend, marked by lower highs and lower lows.

Most recent move shows a short-term bounce off the $1.65–1.70 region, forming a potential local bottom.

Moving Averages:

MA 7 and MA 25 have just made a short-term bullish crossover.

However, MA 99 at $2.03 is still above the price, acting as a key resistance.

Current Setup:

VIRTUAL is now testing previous support turned resistance (~$1.87–$1.90).

If bulls push above MA 25 + horizontal cluster, we could see a move to challenge $2.00–$2.10.

Failure here may send price back to the $1.70–$1.75 range.

🔍 Summary:

⚠️ VIRTUAL is recovering from a deep correction but still has resistance overhead.

A clean breakout above $1.90 and especially the $2.03 MA99 zone could signal a trend reversal.

Watch volume and price action near the $2 psychological level.

⚠️ DYOR – Do Your Own Research

This is not financial advice. Markets can be volatile — always trade responsibly!