$VIRTUAL Cooling Off After a Massive Rally – What’s Next?
$VIRTUAL is currently trading at $1.0765, taking a breather after a stunning surge. Momentum is still strong, but bulls must defend key levels to avoid a deeper pullback.
Key Levels to Watch:
Resistance Zone:
• $1.1000 – $1.1500
A breakout above this range could unleash another leg higher, aiming toward the $1.20+ zone.
Support Zone:
• $1.0500 – $1.0300
Losing this support could trigger a stronger selloff and reset the rally.
Trade Setup – Prepare for the Next Big Move:
Bullish Scenario:
Entry on breakout above $1.1000
• TP1: $1.1500
• TP2: $1.2000
• Stop-Loss: Below $1.0500
Bearish Scenario:
Entry on breakdown below $1.0500
• TP1: $1.0300
• TP2: $1.0000
• Stop-Loss: Above $1.0800
Post-rally consolidations can get choppy. Stick to clear breakout confirmation before entering trades.