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Hxlaw
Hxlaw
$VIRTUAL VIRTUALUSDT is showing a fairly strong increase signal on the 1H frame when the price bounces from the 0.837 area to nearly 0.98 in just a few candles. Currently, the price is still above the entire short-term MA, especially MA5 > MA10 > MA20, indicating that the short-term uptrend is still maintained. The sharp increase in trading volume in the breakout pace is a signal that the cash flow is returning. Areas to pay attention to: ● Near support: 0.92 – 0.93 ● Strong support: 0.88 ● Short-term resistance: 0.98 – 1.00 If the price stays above 0.92, VIRTUAL is likely to continue to test the psychological milestone of 1 USDT. However, after a rapid increase of nearly 15% from the bottom, the possibility of shaking and taking short-term profits is completely possible. Suitable strategy: ● It is possible to buy when adjusting to support instead of FOMO chasing the price. ● Prioritize capital management and set stoploss below 0.88 if trading short-term. The current trend is still bullish but it is necessary to monitor the price reaction around the 1 USDT area because this is a strong psychological resistance.

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