BybitTrades

$VIRTUAL /USDT SHORT TRADE SIGNAL – BEARISH PRESSURE BUILDING NEAR BREAKDOWN LEVEL!
$VIRTUAL is currently trading at $1.8163 after a consistent downtrend from the $2.60 region. Price action has formed a clear distribution pattern, failing multiple times at the $2.25 and $2.18 resistance levels. Now hovering just above the support floor, a clean breakdown could trigger another wave of selling.

Trade Setup (SHORT):
Entry Zone: $1.80 – $1.83
Target 1: $1.65
Target 2: $1.48
Stop Loss: $1.88

Why Short?
The chart shows lower highs and lower lows, confirming bearish market structure. Rejections at $2.25 and $2.18 show strong sell-side dominance. With price consolidating at the edge of a major breakdown zone, momentum favors the bears unless $1.88 is reclaimed.

Risk Management Tip:
Use tight SL above the last supply wick to protect from fakeouts. If $1.80 cracks, expect volatility to spike downward.

Sell smart — don’t wait for confirmation candles when the structure is already bleeding red!
Act early, trade with trend — profits follow strong conviction!

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Enter the breakdown early — $VIRTUAL looks primed to plunge!