📉 $VIRTUAL Bearish Expansion: Breakdown of the uptrend line... direct selling pressure 👀
🎯 Watch Area:
📍 0.5708
As long as the price stays below this breakdown, the advantage remains with the sellers in the short term.
📉 Expected Downside Targets:
🎯 TP1: 0.5544
🎯 TP2: 0.5358
🎯 TP3: 0.5202
🛑 Stop Loss:
Close a full 4-hour candlestick above the 0.5950 level
Any strong rebound above the broken trend line and the recent high completely negates the bearish scenario.
📊 Technical Analysis:
Movement $VIRTUAL reflects a clear break of the uptrend line after a strong bearish candlestick, indicating a shift in order flow from buy to sell.
👀 Follow-Up Now:
✅ Continued trading below the trend line
✅ Failure of any rebound above the breakdown area
✅ Increased selling pressure on re-test
✅ Acceleration of the drop upon breaking 0.5544
⚠️ CLICK FAST TO TRADE $VIRTUAL HERE
Please follow up.
🎯 Watch Area:
📍 0.5708
As long as the price stays below this breakdown, the advantage remains with the sellers in the short term.
📉 Expected Downside Targets:
🎯 TP1: 0.5544
🎯 TP2: 0.5358
🎯 TP3: 0.5202
🛑 Stop Loss:
Close a full 4-hour candlestick above the 0.5950 level
Any strong rebound above the broken trend line and the recent high completely negates the bearish scenario.
📊 Technical Analysis:
Movement $VIRTUAL reflects a clear break of the uptrend line after a strong bearish candlestick, indicating a shift in order flow from buy to sell.
👀 Follow-Up Now:
✅ Continued trading below the trend line
✅ Failure of any rebound above the breakdown area
✅ Increased selling pressure on re-test
✅ Acceleration of the drop upon breaking 0.5544
⚠️ CLICK FAST TO TRADE $VIRTUAL HERE
Please follow up.