VIRTUAL (USDT pair) attempts to recover from the bottom with a controlled move
After hitting a recent low at $1.2608, VIRTUAL/USDT is climbing back, up +3.90% on the day, and now attempting to hold above short-term moving averages.
📊 [Daily Chart – VIRTUAL/USDT]
• Current price: $1.6590 (+3.90%)
• RSI(6): 59.77 → trending upward, but not yet overbought
• Volume: moderate and consistent — no sign of hype
• EMAs:
↪ EMA7: $1.5873 ✅ (price above)
↪ EMA25: $1.6380 ✅ (also reclaimed)
Breaking above both EMAs is an early reversal signal, but the structure still lacks confirmation — the chart remains below key resistance zones like $1.78 and $2.07.
📌 Levels to watch:
• Immediate resistance: $1.7150 (daily high)
• Key resistance: $1.78 and $2.07
• Support zones: $1.6380 (EMA25) and $1.5870 (EMA7)
🟢 Strategy outlook (DCA):
→ The EMA breakouts may support partial entries for mid-term positioning
→ Waiting for clear behavior around $1.71 could help avoid fake breakouts
→ Best suited for accumulation, not aggressive trading
✍️ Technical summary:
☑️ Price reclaimed short-term EMAs
☑️ RSI healthy with room to rise
⚠️ Still below major resistance levels
🔸 Volume shows real interest, but no breakout yet
⏳ A clean break above $1.715 strengthens the reversal case
Disclaimer: This is educational analysis and not financial advice. Always do your own research before investing.
#VIRTUALupdate #CryptoReading #AltcoinWatch #ReversalSetup #Write2Earn
