VIRTUAL Protocol (VIRTUAL) Shatters Resistance, Eyes $3 in Second Parabolic Surge
VIRTUAL Protocol has rallied 89.89% in May, currently trading at $2.39 with a $1.56 billion market cap. Futures Open Interest exploded from $35 million in April to $299 million, signaling intense speculative demand. Daily volume hit $2.14 billion on May 9 before stabilizing at $1.38 billion.
The token’s price action echoes its April 275% surge from $0.60 to $2.25. A U-shaped recovery confirms robust structural support, with key levels now at $2.20 (support) and $3.00 (psychological resistance). While momentum remains strongly bullish, traders are watching for potential exhaustion NEAR upper resistance levels.