š $VIRTUAL /USDT BEARISH OUTLOOK ā SHORT SETUP š
š Current Price: $1.3197 (-9.97%)
š Key Levels:
Resistance: $1.3300 š¼ | $1.3466 š
Support: $1.3100 š” | $1.2948 ā
š” Analysis:
$VIRTUAL has faced heavy selling pressure from the $1.3825 high, breaking below key moving averages. Price is now struggling near the MA(25) with a possible retest of the $1.3100ā$1.2948 support zone if sellers regain momentum.
šÆ Trade Setup (SHORT):
Entry: $1.3200 ā $1.3300 š
TP1: $1.3100
TP2: $1.2948
SL: $1.3466 š
ā Risk Management:
Risk only 1-2% of your capital, book partial profits at TP1, and trail stop to breakeven after TP1 to secure gains.
š„ Bearish bias remains while below $1.3300, targeting deeper support levels. š„
#Bitlayer #BTCOvertakesAmazon #BTCReclaims120K #ETHTreasuryStrategy #Write2Earn! $VIRTUAL