$VIRTUAL
Strong rebound from the demand zone! 🚀💥
After a sharp decline to the level of $1.62, $VIRTUAL showed a strong V-shaped recovery, surpassing the level of $1.85 with strong momentum. The trading volume supports the current movement, indicating that the bulls are intervening strongly after the recent pullback.
🔍 Quick Analysis:
✅ 24-hour Gain: +11.33%
🟢 Retraced Price: $1.85
🔼 24-hour High: $1.90 | 🔽 Low Price: $1.619
💰 Trading Volumes: 43.38 million (default) / 76.79 million (USDT)
📉 The previous resistance level at $1.85 is being retested as a support level.
🎯 Trading Setup (Short-term Swing):
Entry Zone: $1.83 - $1.86
First Profit Target: $1.92
Second Profit Target: $2.00
Stop Loss: $1.78
⚠️ Watch for a confirmed breakout above $1.90 to open the way towards the psychological level of $2 or more. Failure to hold above $1.85 may lead to a retest of the $1.78 - $1.75 zone.