$VIRTUAL
VIRTUAL just flashed a classic bounce + reclaim setup, and momentum is definitely shifting in favor of the bulls.
$VIRTUAL Technical Breakdown:
Recent Rally:
Price surged +13.5% from $1.6463 to $1.8689, reclaiming the short-term trendline and key moving averages.
Current Action:
Consolidating just below $1.87 resistance, forming a possible bullish pennant or flag — both of which suggest continuation potential.
Trade Setup Recap:
Entry Zone: $1.83 – $1.8615
Right under breakout resistance. Offers a solid risk/reward window.
Targets:
TP1: $1.91 (initial resistance and local high)
TP2: $2.03 (psychological + previous support turned resistance)
Stop-Loss: Below $1.78
Smart buffer in case of fake breakout or shakeout.
What to Watch:
Break Above $1.87 With Volume:
This is the launch trigger. A strong candle close above that level backed by rising volume could kick off the next leg.
Indicators to Monitor:
RSI: Above 60 = strong bullish control
Volume: Expansion confirms genuine buyer interest
EMA Alignment: If shorter EMAs (e.g., 9/21) cross up, it supports bullish continuation
buy and trade here $VIRTUAL .