VIRTUAL (USDT pair) attempts to rise from the bottom with controlled increase
After touching the recent bottom at $1.2608, VIRTUAL/USDT regains ground and rises +3.90% on the day, trying to consolidate above the short-term averages.
📊 [Daily Chart – VIRTUAL/USDT]
• Current price: $1.6590 (+3.90%)
• RSI(6): 59.77 → in an upward trend, but still outside the overbought zone
• Volume: moderate, without euphoria, but consistent
• EMAs:
↪ EMA7: $1.5873 ✅ (price above)
↪ EMA25: $1.6380 ✅ (price also exceeded)
This break of the short averages indicates an initial signal of reversal, but still without structural confirmation — the market remains below important tops like $1.78 and $2.07.
📌 Levels to watch:
• Immediate resistance: $1.7150 (high of the day)
• Key resistance: $1.78 and then $2.07
• Technical support: $1.6380 (EMA25) and $1.5870 (EMA7)
🟢 Possible strategy (DCA):
→ The breakout of the EMAs may justify partial entries for those thinking in the medium term.
→ Still, waiting for behavior near $1.71 may prevent entry on false breakouts.
→ Ideal for those looking to build a position, not for aggressive trades.
✍️ Technical summary:
☑️ Price above short averages
☑️ Healthy RSI with room to rise
⚠️ Still below key resistances
🔸 Volume shows interest, but without acceleration
⏳ Confirming breakout of $1.715 strengthens reversal scenario
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Do your own research.
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