$VIRTUAL USDT – RELIEF BOUNCE OR FAKEOUT? SHORT TRADE SIGNAL
STEADY DECLINE FROM $1.67 HIGH
MOVING AVERAGES FIRMLY STACKED BEARISH
$VIRTUAL remains under strong selling pressure after dropping from $1.6707. The price just printed a new low at $1.4303, with all moving averages sloping down and capping every bounce attempt. The minor uptick looks weak without volume.
Short Entry: 1.4430
Targets:
TP1: 1.4100
TP2: 1.3700
Stop Loss: 1.4700
As long as price stays under $1.4720, bears have the upper hand. Watch for a breakdown below $1.4300 to confirm further downside.
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