๐ Short Setup: $VIRTUAL
$VIRTUAL is showing early signs of weakness at a major resistance zone, and price action is favoring a short continuation.
๐ป Trade Plan (Short):
Entry Zone: 1.055 โ 1.065
Stop Loss: 1.09
Take Profit 1: 1.03
Take Profit 2: 1.00
๐ง Technical Reasoning:
Price is repeatedly rejecting around 1.06, forming multiple upper-wick rejections
Selling pressure is increasing, indicating distribution
As long as 1.09 resistance holds, downside continuation remains likely
Bearish momentum supports a move toward 1.03 โ 1.00
โ ๏ธ Invalidation:
Clean break and hold above 1.09 cancels the short bias
๐ Risk-managed setup with clear R:R.
Trade smart. Stick to your plan.
#CryptoTrading. #ShortSetup #PriceActionPlay #TechnicalAnalysis #ALTCOฤฐNS

VIRTUAL
0.5779
-4.63%