$VIRTUAL : Bullish Reclaim After Security Scare
I'm tracking $VIRTUAL right now as it marks a solid +4.50% bounce, trading at $0.6574. The 15m chart is heating up; we just decisively reclaimed the EMA(7) at 0.6510 and EMA(25) at 0.6479 after a temporary dip to $0.6336. The bulls are clearly absorbing the FUD from the recent security incident, showing massive strength.
ENTRY ZONE: $0.6480 – $0.6580
TARGET 1: $0.6719 (24h High)
TARGET 2: $0.7250
TARGET 3: $0.8500+
STOP LOSS: $0.6310
The RSI(6) is currently at 78.55, indicating high-velocity momentum. While it's getting hot, the chart suggests there is plenty of fuel left for a trend continuation. As long as the $0.6452 EMA(99) holds as a floor, the path of least resistance is straight up. A clean break above the recent local peak triggers a secondary parabolic leg.