$VIRTUAL Heavy Crash or Hidden Bounce? Watch This Tight Zone!
VIRTUAL has been slammed down to $1.4308, losing nearly 12% today alone. With volume picking up and candles consolidating, this could either be a trap for late sellers or a final base before more bleeding.
Key Levels to Watch:
• Immediate Resistance:
• $1.4500 – Needs breakout to shift trend
• $1.5000 – Mid-range hurdle
• $1.5450 – Major resistance zone
• Crucial Support:
• $1.4200 – Weak zone, but holding
• Break below = risk of retest to $1.38 or lower
Trade Setup – Volatility Brewing!
• Bullish Play:
• Break and close above $1.4500
• TP1: $1.5000
• TP2: $1.5450
• Bearish Play:
• Breakdown below $1.4200
• TP1: $1.3900
• TP2: $1.3500
After such a sharp fall, VIRTUAL is either forming a bottom trap or preparing for another flush. Smart traders will wait for a decisive break above $1.45 or below $1.42 for direction.