$VIRTUAL Short from 1.2000–1.0500 – Risky Setup in a Weakening Trend
$VIRTUAL is currently trading within the 1.2000 to 1.0500 resistance band, a zone that previously acted as a supply wall during corrective phases. The recent bounce into this range lacks strong volume and appears to be more of a technical retest than a bullish breakout.
With Bitcoin facing uncertainty near key resistance levels, riskier altcoins like VIRTUAL are especially vulnerable to sharp corrections. Indicators such as RSI are flattening near overbought levels, while MACD momentum is fading. If the price gets rejected from this zone, we could see a drop toward 0.9800 and potentially 0.9100.
While the short setup is attractive at current levels, it remains high-risk due to the token’s volatility and rapid price spikes. Risk management is key.
Buy and trade here $VIRTUAL