$VIRTUAL is still in a clear downtrend, trading under a descending trendline on the daily chart. However, price is approaching a key demand zone, with RSI sitting deep in oversold territory a zone where strong reversals often begin.
What I’m watching next:
Break and daily close above the local trendline
Bullish RSI divergence forming near support
Strong rejection candle from the demand area
No need to catch the exact bottom I’ll wait for confirmation, then look for long setups on lower timeframes with invalidation below the recent low.
What’s your bias on $VIRTUAL here early long, stay flat, or still short?
#VIRTUAL #Altcoins #BinanceSquare #CryptoTrading #TechnicalAnalysis

VIRTUALUSDT
Perp
0.5671
+4.34%