1-hour chart of $VIRTUAL /USDC based on the technical setup:

📉 Chart Summary

Current Price: $1.8771

Trend: Clear downtrend with lower highs and lower lows.

Recent Bounce: Slight recovery after tapping a local low (~$1.8585).

Support: $1.85 – Key short-term support zone.

Resistance: $1.91–$1.93 – Recent breakdown area.

🧭 Trade Idea: Short-term Reversal Long

This is a counter-trend trade, expecting a bounce from support.

Entry: $1.875–$1.880 (current zone)

Take Profit (TP): $1.910–$1.920 (where prior support turned resistance)

Stop Loss (SL): $1.854 – Just below the recent wick low

📊 Risk/Reward Estimate: ~1:2

🧠 Alternative: Trend-Following Short

Wait for a bounce into resistance, then short the continuation:

Short Entry: $1.910–$1.920

TP: $1.860

SL: $1.935

⚠️ Trade Caution:

Low-volume pairs can wick hard — use tight position sizing.

Watch for confirmation candles before entry.