$VIRTUAL /USDT BULLISH CONTINUATION SETUP
$VIRTUAL maintains strong bullish momentum as price trades above key moving averages MA(7), MA(25), and MA(99), confirming a solid uptrend. The MACD indicator is positive, signaling increasing buying pressure supported by healthy volume.
Long Entry: Consider entering long on a minor pullback near MA(7) to optimize risk.
Targets:
TP1: 1.3785 (immediate resistance)
TP2: 1.40 (next resistance level)
Stop Loss: Set stop loss just below MA(25) to protect against downside risk.
Risk Management: Maintain a risk-to-reward ratio of at least 1:2. Limit position size to 1-2% of total capital and apply trailing stops to lock in profits as price advances.
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