$VIRTUAL /USDT – Short Opportunity After Exhaustion Spike! ⚠️
Current Price: $2.2016 (+14.17%)
$VIRTUAL hit $2.29 but failed to sustain the breakout, showing strong upper wick rejection on the 30m chart.
Short Trade Setup:
Entry Zone: $2.20 – $2.24
TP1: $2.08
TP2: $1.97
TP3: $1.88
Stop Loss: $2.31
Key Resistance:
$2.29 (24H high with long rejection wick)
Support Levels:
$2.08 (recent breakout base)
$1.97 (high-volume node)
$1.88 (24H low region)
Market Insight:
The bullish run looks overextended, and the current structure signals a possible top with sellers stepping in. This is a prime setup for a short on weakness.
Pro Tip:
Look for a lower high rejection near $2.22–$2.24. Confirm with a bearish engulfing candle before entry for safer risk.
Short the hype, ride the fade – this setup could drop hard!
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