$VIRTUAL /USDT ā BEARISH BREAKDOWN IMMINENT š»
ā ļø REJECTION FROM KEY RESISTANCE
š LOWER LOWS ON 1H & 4H CHARTS
šØ BEARS GAINING MOMENTUM
$VIRTUAL is currently trading at $1.8649, down 14.37%, showing strong bearish pressure after failing to hold support above $2.00. The price recently touched a 24h high of $2.2002 but sharply reversed, breaking below crucial support.
Key Levels:
š¹ Resistance: $2.00 / $2.20
š¹ Support: $1.86 (Immediate) / $1.80 / $1.74
Trade Setup:
š£ Short Entry: $1.8700 ā $1.8600
šÆ Targets (TP): $1.80 / $1.74 / $1.68
š Stop Loss (SL): $2.01
Market Outlook:
As long as VIRTUAL stays below $2.00, the trend remains bearish. Volume and MACD confirm downside momentum, while EMA crossover on 1H signals continued selling pressure.
Risk Management:
š Risk 1ā2% per trade, use tight SL, and trail profits if price breaks $1.74.