#VIRTUAL Long Liquidation Alert
Around $6.01K in long positions just got liquidated on VIRTUAL at $0.57352.
That tells us bulls were expecting continuation, but the dip was sharp enough to trigger stops and wipe out overleveraged longs. When longs get liquidated, it creates forced selling — adding short-term downside pressure.
What does this signal
This looks like a small liquidity sweep below the $0.58 area.
Not a huge number, but enough to show leverage was building on the long side — and the market corrected it.
Now the real question is whether this was just a quick shakeout… or if sellers are gaining momentum.
What to watch next
• If VIRTUAL holds above $0.57, we could see stabilization and a bounce toward $0.60 – $0.62.
• If price breaks below with strong volume, next support could be around $0.54 – $0.55.
The reaction around $0.57 is key right now.
Smart approach here:
• Don’t revenge long immediately
• Watch volume closely
• Wait for confirmation
• Keep leverage controlled
Liquidation flushes often reset weak hands — but real recovery needs strong buying after the drop.
Do you think VIRTUAL bounces from here, or is more downside coming? 📉📊
#VIRTUAL #Crypto #Liquidation #Trading #MarketUpdate
