VIRTUAL Forms Double Bottom Pattern, Eyes $2.00 Breakout Amid Bullish Momentum

VIRTUAL cryptocurrency is drawing trader attention as it carves out a double bottom reversal pattern, with analyst Kamran Asgher identifying $0.0006-$0.0007 as a critical support zone. The token's current $1.60 price reflects an 8.27% daily dip, yet market participants interpret this as a healthy correction within a broader consolidation phase.

Trading volume surged to $533 million amid growing speculation of an impending breakout. Asgher's technical analysis suggests the double bottom formation could propel VIRTUAL toward the $2.00 resistance level if buying pressure sustains. The pattern's neckline breach remains the key confirmation signal traders await.

Market capitalization stands at $1.64 billion as VIRTUAL positions itself among recovery plays gaining traction in the current market cycle. The token's volatility contraction and improving sentiment metrics mirror conditions seen before previous bullish reversals in the crypto sector.