VIRTUAL Shows Signs of Recovery: Is a Bullish Breakout at Hand?
VIRTUAL token is exhibiting early signals of a potential trend reversal, trading above the critical $2.00 psychological level. Technical indicators—ADX, RSI, and MACD—suggest growing bullish momentum, though trading volume remains unconvincing. Analysts advise cautious entry between $2.06 and $2.09, with upside targets at $2.15 and $2.23.
The token''s price action hints at accumulation, with Bollinger Band contraction (24.24% bandwidth) indicating low volatility ahead of a possible breakout. An RSI reading of 36.36 reinforces the oversold conditions that typically precede rallies. Market observers note the pivot point holding at $2.04, a sign of increasing buyer control.