VIRTUAL (USDT pair) attempts to rise from the bottom with controlled increase

After touching the recent bottom at $1.2608, VIRTUAL/USDT regains ground and rises +3.90% on the day, trying to consolidate above the short-term averages.

šŸ“Š [Daily Chart – VIRTUAL/USDT]

• Current price: $1.6590 (+3.90%)

• RSI(6): 59.77 → in an upward trend, but still outside the overbought zone

• Volume: moderate, without euphoria, but consistent

• EMAs:

ā€ƒā†Ŗ EMA7: $1.5873 āœ… (price above)

ā€ƒā†Ŗ EMA25: $1.6380 āœ… (price also exceeded)

This break of the short averages indicates an initial signal of reversal, but still without structural confirmation — the market remains below important tops like $1.78 and $2.07.

šŸ“Œ Levels to watch:

• Immediate resistance: $1.7150 (high of the day)

• Key resistance: $1.78 and then $2.07

• Technical support: $1.6380 (EMA25) and $1.5870 (EMA7)

🟢 Possible strategy (DCA):

→ The breakout of the EMAs may justify partial entries for those thinking in the medium term.

→ Still, waiting for behavior near $1.71 may prevent entry on false breakouts.

→ Ideal for those looking to build a position, not for aggressive trades.

āœļø Technical summary:

ā˜‘ļø Price above short averages

ā˜‘ļø Healthy RSI with room to rise

āš ļø Still below key resistances

šŸ”ø Volume shows interest, but without acceleration

ā³ Confirming breakout of $1.715 strengthens reversal scenario

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Do your own research.

$VIRTUAL

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