📉 Technical Analysis – VIRTUAL/USDT (1D)
🔹 Current Price: $1.4755
🔻 Daily Change: -9.92%
🔹 EMA(7): $1.5686 (first resistance)
🔹 EMA(25): $1.7256 (major resistance)
🔹 RSI(6): 37.63 (still weak, but off oversold)
🔹 Recent Low: $1.2608
🔹 Recent High: $2.5890
📊 Market Context: Clear downtrend with a potential short-term bounce or double bottom setup forming.
✅ Swing Trade Plan
🟢 LONG Setup (Technical bounce)
📥 Entry: $1.4600 – $1.4800
🩸 Stop Loss: $1.3850 (below recent support)
🎯 Target 1: $1.5680 (EMA7)
🎯 Target 2: $1.7250 (EMA25)
📌 Rationale: Short-term relief bounce toward EMAs possible. Quick swing opportunity if volume confirms.
🔴 SHORT Setup (Trend continuation)
📥 Entry: $1.7250 (if rejected at EMA25)
🩸 Stop Loss: $1.8110
🎯 Target 1: $1.4800
🎯 Target 2: $1.3000
📌 Rationale: Strong bearish trend. A failed move into resistance could trigger continuation to lower lows.
📦 DCA Strategy (Long-term spot accumulation)
If you’re looking to accumulate VIRTUAL for the long term without leverage:
💸 40% at $1.4750
💸 30% at $1.3800
💸 30% at $1.2600
🎯 Target zone: $1.80 – $2.10
📌 Optional stop: Below $1.20 or trailing long-term moving average
🧠 DCA is ideal for non-leveraged investors looking to reduce risk during volatile phases.
📢 Post Narrative (Write2Earn Style)
🔻 VIRTUAL/USDT is deep in a downtrend, but signs of a technical reaction are forming near key support.
🎯 For swing traders, this could be a chance to catch a bounce into EMAs — but caution is key.
⚠️ This is not a place for FOMO or all-in trades. It’s a setup for those who enter with risk control and discipline.
#technicalanalyst #SwingTrade #Write2Earn #VirtualsProtocol #VirtualTokenTheft
⚠️ DISCLAIMER
This content is for educational purposes only and does not constitute financial advice.
Crypto trading is risky. Leverage can amplify both gains and losses.
Always use a stop loss, manage your risk, and never invest money you can’t afford to lose.