📉 Short Signal — VIRTUAL / USDT
🧠 Technical Overview:
After a strong upward movement, VIRTUAL faced heavy resistance around the 1.57–1.60 zone, showing clear exhaustion in bullish momentum.
The price has now formed a lower high and broken below the short-term support at 1.49, confirming a bearish structure on the chart.
We can expect a continued downside movement if the price stays below 1.50, with potential targets aligning with the next demand zones.
💰 Entry Zone:
• 1.4944 (confirmed entry)
• 1.5719 (secondary entry on retest of resistance)
🎯 Targets:
• TP1 = 1.3909
• TP2 = 1.2800
• TP3 = 1.1400
🛑 Stop Loss: 1.6170
⚖️ R/R: 3.2
📌 Recommended Leverage: 5x
⏱ Timeframe: 4H
⚠️ Note:
Risk management is essential — avoid over-leverage and wait for candle confirmation before entering the trade.
If the price breaks and closes above 1.61, the setup becomes invalid.
🧠 Technical Overview:
After a strong upward movement, VIRTUAL faced heavy resistance around the 1.57–1.60 zone, showing clear exhaustion in bullish momentum.
The price has now formed a lower high and broken below the short-term support at 1.49, confirming a bearish structure on the chart.
We can expect a continued downside movement if the price stays below 1.50, with potential targets aligning with the next demand zones.
💰 Entry Zone:
• 1.4944 (confirmed entry)
• 1.5719 (secondary entry on retest of resistance)
🎯 Targets:
• TP1 = 1.3909
• TP2 = 1.2800
• TP3 = 1.1400
🛑 Stop Loss: 1.6170
⚖️ R/R: 3.2
📌 Recommended Leverage: 5x
⏱ Timeframe: 4H
⚠️ Note:
Risk management is essential — avoid over-leverage and wait for candle confirmation before entering the trade.
If the price breaks and closes above 1.61, the setup becomes invalid.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.