đ VIRTUAL/USDT Analysis (Spot â Position Trade)
â ď¸ The VIRTUAL/USDT pair is in a downtrend on the daily chart but is showing possible signs of bottoming out.
đ Key Technicals:
â ď¸ Current price: $1.4396
â ď¸ RSI(6): 36 â nearing oversold zone
â ď¸ Recent support: $1.26
â ď¸ Resistance: $1.48 and $1.70
â ď¸ EMAs (7 & 25): both above current price
đ Interpretation:
The asset is still weak, but the low RSI and a slight volume increase suggest it may be forming a bottom.
Trend is still bearish, but it's a good setup for scaling in and holding over the medium term.
đ¸ Spot Position Strategy (DCA style):
đ¸đ¸ Partial buy between $1.38 ~ $1.43
đ¸đ¸ Add more if it drops to $1.28
đ´ Stop loss below $1.22
đŻ Targets:
Short term: $1.58
Mid term: $1.70+
Bullish scenario: $2.00+
đ Final summary:
Good opportunity to start building a position with caution and a mid-term mindset. No confirmed reversal yet, but signs of a potential recovery are emerging.
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