$VIRTUAL Short Liquidation Alert!
VIRTUAL experienced a short liquidation of $1.8111K at $1.2463, indicating that sellers are being forced out as buying pressure intensifies. The market is showing renewed bullish momentum, suggesting that a trend reversal may already be in play.
Key Technical Zones:
Support: $1.21 – A vital demand level where bulls are defending strongly.
Resistance: $1.27 – A breakout above this mark could ignite a fresh bullish rally.
Trading Plan:
Buy Entry: Between $1.22–$1.24 to ride early momentum.
Sell Targets: $1.28–$1.31 for quick profit booking.
Stop-Loss: Below $1.20 to limit downside exposure.
Market Perspective:
The short squeeze highlights growing market confidence. If VIRTUAL sustains above $1.27, expect momentum traders to push for higher levels soon. Watch for volume spikes — they often confirm breakout strength.
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