$VIRTUAL Holding HTF Demand While Trendline Support Remains Intact ๐
VIRTUAL continues consolidating above a major HTF demand zone after failing to sustain the previous expansion move. Despite recent volatility, buyers have repeatedly defended the 0.63โ0.70 region, keeping price above a rising trendline that has supported structure for months. This still looks more like accumulation than confirmed bearish continuation.
The key area remains 0.63โ0.70, where demand, liquidity, and trendline support all converge. As long as that zone holds, the broader higher-low structure remains intact and keeps the possibility of a larger recovery alive. However, bullish continuation is not confirmed yet.
Momentum remains neutral and RSI is hovering around the mid-range. For now, the ideal scenario is a liquidity sweep, strong reclaim, bullish displacement, and confirmation before targeting higher liquidity around 0.86 and potentially 1.03.
Analysis by Leo524.
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