Family, the bull is roaring! 🐂 VIRTUALUSDT is giving LONG signals and we might be facing an interesting movement.
We are seeing a bullish "shock" at $1.8169, which indicates a good entry point for those looking to take advantage of the momentum. The target is $1.9867! If we manage to break that resistance, we could see a considerable rally.
The support levels (our "shocks" downwards for a LONG) to keep in mind are:
LG1: $1.8169 (Our current entry!)
LG2: $1.7457 (If there is a pullback, this could be a key area)
LG3: $1.5759 (A deeper level, to keep on the radar if the correction extends)
It is important to remember that the All Time High of VIRTUALUSDT is $5.1634. We are 183.98% away from that record! This means there is still plenty of room to grow if momentum is maintained.
Considering that VIRTUAL integrates AI and Metaverse technologies, the hype around these sectors could work in our favor. There has been an increase in holdings by top holders and some whales making significant purchases. This gives us a hint that the big players are positioning themselves, which could be a sign of possible manipulation for a bullish movement. Watch out for that!
Alert traders should be ready to enter and manage their risk, because if VIRTUAL breaks strongly above $1.8169 and the volume supports it, we could be at the beginning of a nice rise. Patience and a good strategy will be key!