🚨 $VIRTUAL /USDT – Short Trade Signal❗️
📉 Current Price: $1.4507
⚡ Setup: Strong rejection at $1.5352 (24h high) along with failure to hold above $1.5000. Lower highs on shorter timeframes, such as the move from $1.5451 to $1.4513, confirm the bearish momentum.
🎯 Short Entry Zone: $1.4650 – $1.4750.
A minor pullback is anticipated before the downtrend resumes.
🎯 Targets:
TP1: $1.4300
TP2: $1.4000
TP3: $1.3700
These targets align with previous support levels, with the 24h low of $1.0855 serving as a longer-term objective.
🛡️ Stop Loss: $1.4950.
The stop loss is placed above the recent swing high to limit risk exposure.
📊 Market Insight:
Price is hovering near the 24h low at $1.0855, indicating strong bearish dominance.
High 24h volume (61.45M VIRTUAL / 81.55M USDT) suggests significant selling pressure.
🧠 Pro Tip:
Secure partial profits at TP1 ($1.4300) to protect gains against market volatility.
Keep an eye on the 15-minute and 1-hour charts for potential breakdowns below $1.4147, the recent intraday low.
🔍 Key Risk:
A break above $1.4950 would invalidate the bearish setup. Stay disciplined with risk management.
