๐ฅ๐ฅ๐ฅ BINANCE SPOT SIGNAL ๐ฅ ๐ฅ๐ฅ
Spot Trade Signal: $VIRTUAL /USDT
Price: $2.2325 (+16.89%)
Date: 2025-05-26
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Key Observations:
Price & EMAs:
EMA(7): 2.2233
EMA(25): 2.2112
EMA(99): 2.1749
The price is trading above all key EMAs, indicating a bullish trend.
Momentum Indicators:
RSI(6): 68.33 (near overbought, strong momentum)
STOCHRSI: 93.63 (overbought zone)
MACD: Positive, but not strongly diverging
DIF/DEA (MACD Lines): Weakly bullish, room for expansion.
Volume:
Increasing volume on recent bullish candles supports uptrend continuation.
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Signal with Rationale:
Bullish bias as price is consolidating above key EMAs, with strong momentum on RSI/STOCHRSI.
Breakout potential if price breaks $2.29 (previous high).
Watch for a pullback towards EMA(7) or EMA(25) for a safer entry.
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Entry Strategy:
Aggressive Entry: At current price $2.23โ$2.24, target a breakout above $2.29.
Conservative Entry: Buy near $2.20 (EMA(25) area) on a retest, if momentum cools down.
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Targets:
TP1: $2.29
TP2: $2.34
TP3: $2.40
Stop-Loss:
Below $2.17 (EMA(99)) or $2.15 (last swing low).
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Note:
Watch for high volume breakout above $2.29 for momentum confirmation.
Overbought indicators suggest possible short-term pullbackโscale in cautiously.
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Conclusion:
VIRTUAL/USDT shows strong bullish momentum but is near overbought levels. A breakout above $2.29 could lead to further gains. Trade with proper risk management.
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Trade From Here ๐ $VIRTUAL