$VIRTUAL /USDT TECHNICAL ANALYSIS: BULLISH CONTINUATION SETUP
$VIRTUAL /USDT is displaying strong bullish structure after a powerful 27% daily gain, confirming momentum with consistent higher lows and expanding volume. The recent consolidation between 1.27–1.34 suggests accumulation before another upward push. The breakout above 1.36 and sustained strength above 1.30 signal renewed buying pressure.
Trade Setup (Long):
Entry Zone: 1.30 – 1.33
Target 1: 1.38
Target 2: 1.42
Target 3: 1.50
Stop Loss: 1.27
Technical View:
Momentum indicators on lower timeframes (15m–1h) support continuation, while the daily structure aligns with a bullish breakout pattern.
Risk Management:
Use a 1:2 or better risk-reward ratio, risking only 2–3% of your capital per trade. Adjust position size accordingly and move SL to breakeven once the first target is reached.
The trend remains bullish, and price action favors continuation toward upper resistance levels.
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