$VIRTUAL 🚀 🚀 BULLISH MOMENTUM 🔥 🔥
🔍 Technical Analysis
🔹 Chart Pattern: Potential Triple Top Formation
VIRTUAL/USDT has shown a significant rally, increasing over 400% since its April lows. However, recent price action suggests the formation of a potential triple top pattern, indicating possible resistance around the $2.20–$2.31 range.
📈 Trade Setup
🟢 Long Position:
Entry Point: Breakout above $2.31 with strong volume
Target 1: $2.50
Target 2: $2.80
Stop Loss: $2.00
🔴 Short Position (if breakdown occurs):
Entry Point: Breakdown below $1.85
Target 1: $1.65
Target 2: $1.50
Stop Loss: $2.00
⚠️ Key Considerations
Volume Confirmation: A breakout above $2.31 should be accompanied by increased volume to validate the move.
Market Sentiment: Monitor broader market trends and news that may impact VIRTUAL's price.
