$VIRTUAL Bearish in the short term, preparing to catch a pullback.



This market move might need to catch its breath. I think there’s a chance to follow through and retest the 1-hour MA25 support level. Entries to watch are in the 0.6407 to 0.6567 range. Downside to watch is 0.6232, and even 0.6028. Place defense at 0.6764.

However, be sure to watch the risks: currently, the 1-hour bullish trend remains strong. If shorts fall near the support area, a reversal could happen at any time. Never go all-in—control your position size based on your account, and don’t chase it too aggressively! You can also keep an eye on $ESPORTS ’s price action.
VIRTUAL-0.16%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned