🚨 $VIRTUAL Token Crashes 13%
_Bears Tighten Grip! 🐻📉
#Virtuals Protocol (VIRTUAL) is reeling under heavy selling pressure, plunging nearly 13% in the last 24 hours. The break below both the 50-day EMA ($1.4753) and 200-day EMA ($1.4357) signals a strong bearish shift.
🔍 Key Bearish Signals:
MACD: -0.0791, red histogram bars – selling momentum intact
AO: -0.1741 – negative price momentum continues
RSI: 40.76 – near oversold but still bearish territory
Resistance: $1.4357
Support: $1.12 (breach could spark new lows)
💡 Outlook:
Downtrend remains intact unless VIRTUAL reclaims the 50-day EMA. Volume spikes on selloffs hint at big players exiting positions. Short-term traders may see small technical bounces, but the path of least resistance is still down.
📊 Current Price: $1.2230
#VIRTUAL #CryptoCrash #BearMarket #TechnicalAnalysis #CryptoTrading