$VIRTUAL — buyers are struggling to extend the recovery as momentum fades and overhead supply continues to build.
The bounce is facing increasing selling pressure, keeping the downside structure in focus. If buyers fail to reclaim the resistance zone, another leg lower could develop.
Trading Plan — Short $VIRTUAL
Entry: 0.753 - 0.772
SL: 0.820
TP1: 0.740
TP2: 0.720
TP3: 0.700
Manage your risk carefully, avoid overleveraging, and consider securing partial profits at each target as the trade moves in your favor.
DYOR (Do Your Own Research).
The bounce is facing increasing selling pressure, keeping the downside structure in focus. If buyers fail to reclaim the resistance zone, another leg lower could develop.
Trading Plan — Short $VIRTUAL
Entry: 0.753 - 0.772
SL: 0.820
TP1: 0.740
TP2: 0.720
TP3: 0.700
Manage your risk carefully, avoid overleveraging, and consider securing partial profits at each target as the trade moves in your favor.
DYOR (Do Your Own Research).
