VIRTUAL/USDT - Break of Key Support! Rebound or Drop?

📈📉 Short-term Analysis and Goals

Current Price: 1.1254 USDT (-9.22%)

24h Volume: 25.67 million USDT

Main Scenario – Bearish Trend

The price continues to decline, short-term EMAs are below long-term ones.

📉Downward Targets:

🎯TP1: 1.1073 USDT → testing support (-1.6% from current)

🎯TP2: 1.050 USDT → possible deepening of bearish movement (-6.7%)

Condition for continuation of the bearish trend: price remains below EMA 25 (1.2179 USDT).

Possible Short-term Reversal

Oversold indicators (RSI and Stochastic RSI) signal a potential rebound.

📈Upward Targets during Rebound:

🎯TP1: 1.175 USDT → first short-term target (+4.4%)

🎯TP2: 1.218 USDT → EMA 25 (+8.3%)

🎯TP3: 1.260 USDT → EMA 99 (+11.9%)

Condition for Reversal: buying volume increases, price consolidates above EMA 25.

Visual Version with Targets

⬇️ Bearish Scenario:

1.1254 → 1.1073 → 1.050

⬆️ Bullish Rebound:

1.1254 → 1.175 → 1.218 → 1.260

Conclusion:

VIRTUAL/USDT remains in a bearish trend, but a short-term rebound is possible with an increase in buying interest. Key levels to watch: 1.1073 USDT (support), 1.218 USDT (resistance)