$VIRTUAL Strong bullish momentum - the next level could ignite above $1.60🔥
The breakout above the $1.3350 level has led to a vertical rise, now peaking just below the resistance level at $1.60. Trading volume is sharply increasing, showing buyers' dominance and potential for continuation. If the $1.60 level turns into support, a new high becomes highly likely.
Trading Setup: 📈 Buy Entry Zone: $1.55 - $1.59
🎯 Targets:
• First profit target: $1.66
• Second profit target: $1.72
• Third profit target: $1.80
🛑 Stop Loss: $1.48
Market Outlook:
Momentum is extremely strong with a solid bullish structure. Price action indicates that the rise will continue as long as the bulls protect the $1.55 level. The relative strength index is likely in overbought territory, but traders focusing on price breakouts are dominating the market.
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Buy and trade here on $VIRTUAL