$VIRTUAL /USDT BEARISH DOUBLE TOP FORMATION AT STRONG RESISTANCE — SHORT OPPORTUNITY ACTIVE!
Price has formed a clear double top pattern right below a solid resistance zone at $0.6100. Multiple rejection wicks confirm buyer exhaustion at that level. With the recent bearish candle closing below the neckline, a fresh bearish wave is likely to hit the market soon. This is a classic short setup with strong risk-reward potential!
Trade Setup:
Short Entry: $0.5650 - $0.5700
Take Profit (TP): $0.5100
Stop Loss (SL): $0.6150
Outlook: Market momentum has shifted from bullish to neutral-bearish after repeated failure to break resistance. Unless bulls reclaim $0.6100 with volume, the price is likely to retrace further toward key support. Traders should manage risk with a tight SL and prepare for downside continuation.