🚨 VIRTUAL USDT Breakdown
🚨
Bearish Momentum Gaining Steam
🪙 Price Snapshot (July 29, 2025)
* Current Price: ~$1.472 USDT
* 24h Drop: –6.5%
* 7-Day Decline: –17.6%
* Market Cap: ~$970M
* Volume: ~$170M+ 📉
📉 Technical Set‑Up: What’s Happening on the Charts
* Breakdown: Price has dropped sharply, breaking the key support zone around $1.4745–$1.4800, now sitting at ~$1.48.
* Rejection High: ~$1.62 remains strong resistance—price failed decisively there.
* Trendline View: On shorter timeframes, a down-sloping trendline from recent highs confirms mounting bearish pressure.
* Key Levels to Watch:
* ⛔️Resistance: $1.48 (previous support), then $1.62
* ❇️Support: $1.4745 → next stop ~$1.4670 area
🧱 Trade Setup: Short
❌ Bearish (Momentum Still Strong Downward)
* ❇️Entry: Consider short/sell near $1.48–$1.48, once it re-tests broken support as new resistance.
* 🎯Target: $1.4670—if this breaks, expect extension toward $1.44–$1.43 (next support band).
* ⛔️Stop-Loss: Above $1.49–$1.50 to avoid trapped downside.
* Note: Trendline resistance closer to $1.50–$1.52 may cap rallies.
📈📈📈 Volatility: Despite 70%+ correction from ATH (~$5.07 on Jan 2, 2025), developers and institutions remain long term believers.
📊📊 Ecosystem: VIRTUAL is the backbone of AI + metaverse agent creation—governance, monetization, tokenized agents on Base and Ethereum.
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