$VIRTUAL /USDT: Fading the Rally & Trend Resumption 📉
Trading Setup: Short
Entry Zone: 0.838 – 0.844
SL: 0.8612
TP1: 0.8217
TP2: 0.8152
TP3: 0.8021
Technical Analysis
The broader market structure (Daily & 4H) remains firmly bearish, with price action suppressed below key moving averages. The 1H chart is currently executing a corrective rally above its EMA 50, providing an optimal "sell the bounce" opportunity rather than a reversal signal.
Execution Trigger:
We are stalking a momentum failure: the short entry is activated when the 15-minute RSI rotates back below 50. This crossover confirms that the temporary buying pressure has exhausted and bearish momentum is resuming. This precise trigger allows us to fade the pullback and target the next major support zones in alignment with the dominant trend.
VIRTUALUSDT
Perp
0.782
-2.44%