$VIRTUAL Showing Bearish Signs After the Pump
After surging from the $1.20 area, $VIRTUAL tapped a 24H high of $1.3572 before getting swiftly rejected — leaving a sharp wick on the 1H chart. Selling pressure is clearly building.
🔻 Short Setup in Play
Entry Zone: $1.3100 – $1.3250
Stop Loss: $1.3580
Targets:
🥅 Target 1: $1.2600
🥅 Target 2: $1.2300
🥅 Target 3: $1.2050
Market Take:
The wick followed by a red candle signals a potential shift in momentum. Unless bulls reclaim the $1.33 level, the short-term edge goes to the bears.
⚠️ Risk Reminder:
Stick to your stop. Watch volume closely. Scale out at targets to secure profits on the way down.
