๐Ÿ“‰ Short Setup: $VIRTUAL

$VIRTUAL is showing early signs of weakness at a major resistance zone, and price action is favoring a short continuation.

๐Ÿ”ป Trade Plan (Short):

Entry Zone: 1.055 โ€“ 1.065

Stop Loss: 1.09

Take Profit 1: 1.03

Take Profit 2: 1.00

๐Ÿง  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

โš ๏ธ Invalidation:

Clean break and hold above 1.09 cancels the short bias

๐Ÿ“Š Risk-managed setup with clear R:R.

Trade smart. Stick to your plan.

#CryptoTrading. #ShortSetup #PriceActionPlay #TechnicalAnalysis #ALTCOฤฐNS

$VIRTUAL

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