$VIRTUAL Crucial Support Test: Will It Hold or Crack?
VIRTUAL is trading at $0.5793, attempting to stabilize after a prolonged downtrend. The price is consolidating just above key support, with low-volume activity hinting at indecision. The next confirmed move will determine if this is the bottom or just another pause before further downside.
Key Levels to Watch:
• Resistance: $0.5870 – A breakout here could drive price toward $0.5950 and $0.6030.
• Support: $0.5730 – If broken, price could slide quickly to $0.5630 and $0.5520.
Trade Setup – Tension Building
• Bullish Entry: A confirmed breakout above $0.5870
• Target 1: $0.5950
• Target 2: $0.6030
• Bearish Entry: Breakdown below $0.5730
• Target 1: $0.5630
• Target 2: $0.5520
Stop-Loss: Keep stops tight due to the narrow consolidation—fakeouts are likely.