VIRTUAL/USDT: Potential Spot Entry Near the Bottom with Risk Management
VIRTUAL has shown a strong recovery and is now signaling a potential continuation of its uptrend after a healthy correction. The current daily candle reflects renewed buying pressure.
Technical highlights:
The $1.65–$1.70 zone acted as a strong recent support, followed by a bullish reaction.
EMA(25) sits just below at $1.55, reinforcing the support area.
RSI(6) is at 59, showing upward momentum without overbought conditions.
Volume is rising again, hinting at increased interest and possible institutional activity.
Suggested spot strategy:
Ideal entry: between $1.70 and $1.85, near the support zone.
Stop-loss: 5% below entry (around $1.63)
Swing targets: $2.22 (previous local high), with possible extension to $2.45
Disclaimer:
This is not financial advice. It is a personal analysis intended for educational purposes. Your decision to enter a trade should be based on your own research and risk management.
