Here's a technical summary and trade outlook for $VIRTUAL /USDT Perpetual

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📊 VIRTUAL/USDT Market Snapshot

Metric Value

Last Price $1.4458 (▼ -5.07%)

Mark Price $1.4460

24h High / Low $1.5315 / $1.4387

24h Vol (VIRTUAL) 78.72M

24h Vol (USDT) $116.41M

Volume (current) 633,256.9

MA(5) Volume 3.12M

MA(10) Volume 2.98M

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🧠 Technical Overview

Trend: Short-term bearish

Price down ~5%, testing daily support

Volume: Lower than MA(5/10) → decelerating participation

Price Range: Near bottom of 24h range — breakdown or bounce zone

Volatility: Tight, indicating consolidation risk or range trade

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🔍 Key Technical Levels

Type Price Range

Support $1.4387 (24h low) → $1.4270

Resistance $1.4782 → $1.5293 → $1.5804

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🧪 Trade Ideas

🔽 Short Setup: Break Below Support

Entry: $1.4380

TP1: $1.4050

TP2: $1.3680

SL: $1.4540

Reason: Weak volume, lower lows, breakdown of $1.4387 likely leads to accelerated selling.

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🔼 Bounce Long: Scalp Play

Entry: $1.4387–$1.4450

TP1: $1.4780

TP2: $1.5290

SL: $1.4270

Reason: Holding the 24h low could trigger a quick liquidity grab and rebound to mean.

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⚠️ Final Notes

No sign of trend reversal — all signals still biased short.

If price holds below $1.48, bearish continuation remains favorable.

Avoid overleveraging unless BTC/ETH starts showing reversal strength.

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