$VIRTUAL is anticipating a breakout... $VIRTUAL regains its strength from the decline... $VIRTUAL rises from the ashes. After reaching its lowest point near $1.56, the optimists are back in control. A breakout above $1.7247 may pave the way toward $1.78. Keep a close watch on the breakout that is forming...
After a sharp drop to $1.5685, $VIRTUAL has regained its health recording a recovery of +3.04%, and is currently trading around $1.7228. It is now testing daily resistance near the $1.7247 area. A clear breakout may lead to a continuation of the short-term upward trend toward its recent highs. 📈 Buy setup:
Entry area: $1.720 - $1.728
Take Profit 1: $1.755
Take Profit 2: $1.782
Stop Loss: $1.685
Volume and Sentiment:
Although the buy order book is relatively balanced (49% buyers, 51% sellers), the rapid recovery from its lows suggests that bulls are ready to attempt a price breakout.