✨ Virtual /USDT shows exciting bullish signals despite market weakness ✨
In recent days, we have started to notice that AI tokens are heating up and showing strong signals for potential significant movements to come.
Today, the market is volatile and unclear in direction after the release of CPI data (check my pinned post), but Virtual has shown strong consolidation with signals indicating the possibility of a rise.
🔎 After the flash out, Virtual dropped to 1.2150 and then we saw a strong reaction and a quick reversal with a bounce from the VWAP, in addition to the EMA turning into an important support.
Now on the hourly frame, we see candle closes above 1.2375 and this is considered a positive signal.
📌 Trading Plan:
🔵 Entry: 1.2350 – 1.2450
🔴 Stop Loss: 1.1900
Invalidation Signs:
1. Closing a candle below 1.2350
2. Breaking the level of 1.2200
🟢 Target Profit: 1.3300
⚠️ Note: I see a general weakness in the market and expectations of further declines, so I do not expect a massive movement from this trade. 👀
Manage your trades wisely and always monitor the risks.
Trade and open VIRTUAL positions from here $VIRTUAL
#VIRTUAL #AI
#AITokensRally
#tradesetup
#BinanceTrade
In recent days, we have started to notice that AI tokens are heating up and showing strong signals for potential significant movements to come.
Today, the market is volatile and unclear in direction after the release of CPI data (check my pinned post), but Virtual has shown strong consolidation with signals indicating the possibility of a rise.
🔎 After the flash out, Virtual dropped to 1.2150 and then we saw a strong reaction and a quick reversal with a bounce from the VWAP, in addition to the EMA turning into an important support.
Now on the hourly frame, we see candle closes above 1.2375 and this is considered a positive signal.
📌 Trading Plan:
🔵 Entry: 1.2350 – 1.2450
🔴 Stop Loss: 1.1900
Invalidation Signs:
1. Closing a candle below 1.2350
2. Breaking the level of 1.2200
🟢 Target Profit: 1.3300
⚠️ Note: I see a general weakness in the market and expectations of further declines, so I do not expect a massive movement from this trade. 👀
Manage your trades wisely and always monitor the risks.
Trade and open VIRTUAL positions from here $VIRTUAL
#VIRTUAL #AI
#AITokensRally
#tradesetup
#BinanceTrade
