$VIRTUAL /USDT TECHNICAL ANALYSIS – BINANCE TRADE SETUP

Status: BEARISH SETUP – POSSIBLE BREAKDOWN BELOW SUPPORT

Current Price: $1.6961

24H Range: $1.6544 – $2.0000

24H Change: -6.97%

Volume (VIRTUAL): 26.94M

Volume (USDT): 47.39M

---

🔻 Market Outlook:

$VIRTUAL /USDT has rejected sharply from the $2.00 psychological resistance and is now trading near local support around $1.65–$1.70. The steep drop with increasing sell volume signals bearish momentum is likely to persist.

---

📉 Bearish Trade Setup:

🔹 Entry Zone: $1.70 – $1.73 (on weak bounce)

🔸 Take Profit Targets:

T1: $1.63

T2: $1.58

T3: $1.48

🛑 Stop Loss: $1.79

📌 Key Resistance: $1.85

📌 Key Support: $1.65 (watch for breakdown confirmation)

---

📊 Technical Summary:

The pair broke below the short-term uptrend line and is struggling to reclaim previous support zones. A break below $1.65 could trigger stronger selling pressure toward $1.50 and beyond. RSI shows oversold conditions, but no reversal signal yet.

---

⚠️ Note: Watch closely for breakdown candles below $1.65 or bearish retest of $1.73 before entry. Avoid chasing entry without clear confirmation.

#VIRTUALUSDT #CryptoTA #BearishSetup #FOMCMeeting #SparkBinanceHODLerAirdrop $VIRTUAL