VIRTUAL – Correction Before New Highs?

VIRTUAL is currently approaching two major resistance factors:
the upper bound of its rising channel and the psychological $1 round number 🔵

With price stretching into resistance, a correction or pullback is expected in the short term 📉

However, as long as the overall bullish structure remains intact, any retracement toward the lower bound of the channel and the red support structure will be viewed as an opportunity to look for new longs 📈

The bigger picture remains bullish.
Corrections are healthy inside trends.

Will buyers step in for another breakout attempt? 🤔

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr