$VIRTUAL /USDT Update and Best Trading Strategy Plan๐ค๐
$VIRTUAL is showing strong signs of reversal after a prolonged downtrend. The asset has broken above major short-term EMAs on both the 1H and 4H timeframes.
๐ Currently trading around $1.846, the move is backed by healthy bullish momentum. The 1H RSI is heating up near 69, indicating a short-term overbought condition, while the 4H RSI at 50.87 suggests more room to run before exhaustion.
๐ Immediate resistance lies between $1.920 and $1.955. This zone is likely to act as a decision point โ either triggering a breakout or temporary rejection. On the downside, the breakout zone between $1.790 and $1.807 should now act as strong support. If this holds, the structure remains bullish.
๐ If $VIRTUAL pulls back to around $1.82โ$1.83 and holds, it may offer a good re-entry opportunity for a continuation play. A successful retest can open the path toward $1.92, then $1.95, and eventually challenge the $2.00 psychological level.
๐ Traders should avoid FOMO entries at the top. A better approach is to wait for a pullback and confirmation around the previous breakout zone. Keep a tight stop below $1.78 in case the trend fails.
#VIRTUAL #CryptoTrading #BinanceAlphaAlert #TrumpTariffs #MarketPullback