$VIRTUAL Professional Technical Analysis Report👇
🔎 Market Overview
Current Price: 0.6723 USDT
24H High: 0.6961
24H Low: 0.5771
Strong 24H performance: +14%
Volume expanding
The 4H chart shows a clear transition from a prolonged downtrend into a bullish reversal structure.
📈 Step-by-Step Technical Breakdown
1️⃣ Trend Structure
Previous structure: Lower highs & lower lows.
Price formed a strong base around 0.4593 (major swing low).
Break above consolidation zone near 0.60–0.61 confirms trend shift.
Price now forming higher highs and higher lows.
✅ Structure Bias: Bullish
2️⃣ Supertrend Indicator
Supertrend flipped bullish (green).
Price trading above Supertrend line (~0.5719).
This confirms short-to-medium term trend reversal.
3️⃣ MACD Confirmation
MACD line above signal line.
Histogram positive and expanding.
Momentum is increasing to the upside.
4️⃣ Stochastic RSI
Overbought region (~95–98).
⚠️ Indicates short-term pullback possible before continuation.
🎯 Trading Plan – Swing Setup (4H)
✅ Entry Zone:
Aggressive entry: 0.66–0.68
Safer entry: Pullback near 0.61–0.62
🛑 Stop Loss:
Conservative SL: 0.57 (below Supertrend)
Aggressive SL: 0.60 (below breakout zone)
🎯 Take Profit Targets:
TP1: 0.69 (recent high retest)
TP2: 0.72
TP3: 0.76–0.78 (major resistance zone)
📌 Risk Management:
Risk-to-reward ratio should be minimum 1:2.
Avoid chasing candles after strong expansion.
#VIRTUAL #TechnicalAnalysis #Market_Update