VIRTUAL (USDT pair) attempts to rise from the bottom with controlled increase
After touching the recent bottom at $1.2608, VIRTUAL/USDT regains ground and rises +3.90% on the day, trying to consolidate above the short-term averages.
đ [Daily Chart â VIRTUAL/USDT]
⢠Current price: $1.6590 (+3.90%)
⢠RSI(6): 59.77 â in an upward trend, but still outside the overbought zone
⢠Volume: moderate, without euphoria, but consistent
⢠EMAs:
â⪠EMA7: $1.5873 â (price above)
â⪠EMA25: $1.6380 â (price also exceeded)
This break of the short averages indicates an initial signal of reversal, but still without structural confirmation â the market remains below important tops like $1.78 and $2.07.
đ Levels to watch:
⢠Immediate resistance: $1.7150 (high of the day)
⢠Key resistance: $1.78 and then $2.07
⢠Technical support: $1.6380 (EMA25) and $1.5870 (EMA7)
đ˘ Possible strategy (DCA):
â The breakout of the EMAs may justify partial entries for those thinking in the medium term.
â Still, waiting for behavior near $1.71 may prevent entry on false breakouts.
â Ideal for those looking to build a position, not for aggressive trades.
âď¸ Technical summary:
âď¸ Price above short averages
âď¸ Healthy RSI with room to rise
â ď¸ Still below key resistances
đ¸ Volume shows interest, but without acceleration
âł Confirming breakout of $1.715 strengthens reversal scenario
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Do your own research.
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