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ELIX

$VIRTUAL is showing strength after bouncing from the lower end of its major horizontal range.



Price has reclaimed both the 9 EMA and 50 SMA, signaling improving momentum.

Now, all eyes are on the channel resistance.

A confirmed breakout and successful retest could open the door for a fresh move higher.

Key level: Channel resistance
Confirmation: Breakout + retest
Bias: Bullish above the breakout level

#BTCBreaks75000 #GateLaunchesJapaneseStockTrading #BTCETHReboundTradeIdeas #AnthropicIPOtoRivalSpaceXRecord
VIRTUAL8.92%
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RapidsPilot
· 3h ago
VIRTUAL is showing strong momentum, bouncing back from the bottom of its range and reclaiming two moving averages in one go. Next, it all comes down to how it handles the channel resistance—holding above it would signal a new rally.
Reply0
VaultReviewer
· 3h ago
A breakout plus a retest is the key signal. The current price action alone isn’t quite convincing enough—wait for confirmation.
Reply0
ChainScavenger
· 3h ago
This rebound does have some substance—both the 9 EMA and 50 SMA have been reclaimed. If it can truly hold above the channel’s upper boundary, there should be considerable upside ahead.
Reply0

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