The current price of VIRTUAL/USDT is at the level of 1.0792 USDT, showing a significant increase of 29.12% (equivalent to Rp 18,130.62). The chart on the 4-hour timeframe shows a strong upward trend since April 22, 2025, with the price surging from a low of 0.5462 to a peak of 1.805 in the last 24 hours. Based on technical indicators, the Moving Average (MA) 5 and MA 10 are at 7,854,584.2 and 7,080,669.1 respectively, confirming the bullish trend as the price is well above both MAs. The Bollinger Bands indicate the price is approaching the upper band at 1.0941, suggesting potential overbought conditions. Meanwhile, the Relative Strength Index (RSI) at 83.3951 is in the overbought zone (>70), which could be a signal of potential price correction in the near future. Trading volume has also sharply increased to 2,491,903.5, supporting the upward trend, but it could also signal a temporary peak.

The nearest support level is at 0.8316 (middle band of Bollinger), with the next support at 0.6157. Meanwhile, strong resistance is seen at 1.805, which has just been rejected, and the level of 1.2122 could be the next target if the upward trend continues.

The last candlestick shows rejection at 1.805 with a long wick, indicating selling pressure that could trigger a correction.

Recommendation For traders looking to buy, it is advisable to wait for a pullback to the support level of 0.8316 or closer to MA 5/10 for a safer entry. If looking to take profits, the current level or near the resistance of 1.2122 could be a selling target, being cautious of potential correction. The current high volatility suggests the use of tight stop-loss to manage risk. $VIRTUAL