BOOM! $VIRTUAL Short Liquidation ALERT!
$9,036 wiped out at $2.1443 — the bears just got burned!
What's happening?
$VIRTUAL just shattered resistance, triggering a major short liquidation! This could be the beginning of a bullish reversal — or a brutal bull trap. Let’s break it down.
Technical Analysis & Trade Setup
Buy Zone:
$2.05 – $2.14
Perfect zone to catch the bounce post-liquidation. Watch for strong bullish candles near $2.10.
Target 1: $2.35
Target 2: $2.59
Target 3 (High-risk moonshot): $2.89
Stop-Loss:
$1.98
Below key structure and liquidation sweep – tight but smart.
Key Insights:
Shorts are getting squeezed — momentum could pick up rapidly.
RSI on the 4H is flipping bullish.
Volume spike confirms whales are active.
If price reclaims $2.20 convincingly, it may rally toward $2.35+ quickly.
Strategy Tip:
Watch the 1H candle closes. If bulls hold above $2.14 and volume sustains, jump in with a tight SL. Don’t chase green candles blindly — snipe your entry in the zone!
Will $VIRTUAL continue the pump or is a trap being set? Stay sharp, stay tactical.