$VIRTUAL is seen making a fairly significant rally, what will the price action be like going forward?

The price of $VIRTUAL is currently moving in the range of $1.0361, up sharply +16.15% in the last 24 hours. After touching the highest level at $1.1805, the price experienced a fairly strong rejection, indicating that selling pressure is starting to emerge.

Current technical analysis:

- EMA (13) and EMA (21) are still golden crosses and pointing sharply upwards, meaning that bullish momentum remains dominant, although there are signs of cooling.

- RSI (6) is currently at level 70.31, having entered the overbought area. This increases the risk of a short-term retracement.

- MACD is still positive, but the histogram is starting to show signs of weakening momentum.

- KDJ is starting to point downwards, reinforcing the opportunity for a correction in the near future.

Anyway, here I include my VIRTUAL version of Outlook ➡️ $VIRTUAL

Disclaimer: Not Promotion & Not Financial Advice