๐ $VIRTUAL /USDC Chart Insight! ๐
Current Price: $1.7829 (Rs 507.34)
Key Observations (1h timeframe):
* Positive Trend: VIRTUAL is showing a 2.34% increase, maintaining strength above its 7-period Moving Average ($1.7722).
* Recent Highs: Successfully tested the 24h high of $1.7987, indicating bullish interest.
* Volume Activity: Healthy volume observed, supporting the recent upward movement.
What to Watch:
* Resistance Breakout: A clear break and sustained close above $1.7987 could signal further upward potential.
* Immediate Support: The 7-period MA ($1.7722) and the 24h low ($1.7119) are key support levels to monitor.
Outlook: The chart suggests a bullish bias in the short term. Keep an eye on the volume and price action for continuation or reversal
signals.
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