Virtual's Volatile Ride: Bounce or Breakdown?
Bias: Long Setup
Entry Range:
Entry 1: $1.345
Entry 2: $1.335 (Mid-Bollinger Band support)
Take Profit Targets:
TP1: $1.3638 (Upper Bollinger Band)
TP2: $1.380
TP3: $1.400
TP4: $1.442 (24h High)
Stop Loss: $1.223 (Lower Bollinger Band)
Why This Trade?
Price of $VIRTUAL is consolidating just below resistance with strong bounce from $1.1967 low.
Retesting upper Bollinger Band with decent volume.
15m structure shifting toward bullish continuation.
Key Levels to Watch:
Resistance: $1.3638 / $1.3692
Support: $1.3358 / $1.319 / $1.307