$VIRTUAL — Recovery Rally Builds Momentum Toward Key Breakout
Long $VIRTUAL
• Entry: 0.5600 – 0.5700
• Stop Loss: 0.5480
Targets:
• TP1: 0.5800
• TP2: 0.5950
• TP3: 0.6100
$VIRTUAL is showing clear signs of recovery after a corrective pullback from the 0.6084 high, bouncing off the 0.5550–0.5580 support zone. Higher lows forming on the 1H timeframe indicate buyers are stepping back in, hinting at a potential bullish shift.
The price is approaching the 0.5750–0.5800 resistance area, where a decisive breakout could trigger continuation toward 0.600+. Momentum is building, supported by higher lows and controlled consolidation, while volume expansion at breakout would strengthen the bullish thesis.
The bullish bias remains valid as long as price holds above the 0.5550 structural support. A break below this level would weaken the setup and invalidate the immediate continuation scenario.
Manage risk carefully, watch for strong volume confirmation, and monitor price action around breakout zones for optimal entry.
Trade VIRTUAL here 👇
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