$VIRTUAL /USDT BEARISH BREAKDOWN ๐ | SHORT TRADE SETUP ALERT ๐จ
๐ Technical Outlook:
$VIRTUAL /USDT has shown strong bearish momentum after failing to hold above the $1.60 resistance zone. A rejection at $1.7429 (24h high) led to a sharp decline, currently trading around $1.5581 (-9.95%). Volume is heavy on the sell side, signaling continued downside pressure.
๐ Key Levels to Watch:
Resistance:
๐ผ $1.60 โ Key psychological resistance
๐ผ $1.74 โ Local swing high / rejection zone
Support:
๐ฝ $1.52 โ Immediate support (24h low)
๐ฝ $1.48 โ Key zone to watch for breakdown
๐ฝ $1.42 โ Potential next support if $1.50 fails
๐ฏ Short Trade Setup:
Entry: $1.5550 - $1.5600 (current price range)
Take Profit Targets (TP):
โ TP1: $1.52
โ TP2: $1.48
โ TP3: $1.42
Stop Loss (SL):
โ SL: $1.61 (just above resistance)
๐ Risk Management Tip:
Use 1-2% of your total capital per trade. Always stick to your SL. Don't chase the market, let price confirm levels before entering. ๐๐
๐ฃ Bearish volume + rejection signals make this a strong short opportunity. Be sharp & manage your risk smartly! ๐ผโ ๏ธ
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