đ„ $VIRTUAL
L â Bullish Market Structure
$VIRTUAL continues to display a strong bullish structure, supported by both price action and volume dynamics.
A hammer candlestick formation near 0.602, accompanied by a significant volume spike (~12M), confirms strong demand at this levelâlikely institutional accumulation. Since this formation, price has consistently printed higher lows, reinforcing the bullish trend.
Currently, price is consolidating between 0.640 â 0.651, with declining volume, a typical behavior before a directional expansion. Multiple retests of the 0.651 resistance suggest weakening sell pressure and increase the probability of an upside breakout.
đ Volume & Market Participation
Recent 1H candles show a clear bullish volume pattern:
Rising volume (2.1M â 5.3M) during upward price movements
Lower volume (1.3M â 1.8M) during pullbacks
This imbalance reflects a classic bull market volume signature, where buyers remain dominant. Notably, the 12M volume spike coincided with a successful defense of the 0.602 support, further validating that level.
đ° Capital Flow Analysis
Contracts:
âą 1H net inflow: +171K
âą 4H net inflow: +398K
Spot Market:
âą 24H net inflow: +598K
These inflows indicate renewed and genuine buying interest, supporting the continuation of the bullish trend.
đ Long Entry Strategy â $VIRTUAL
âą Aggressive Entry: Around the current price near 0.650
âą Conservative Entry: Wait for a confirmed breakout above 0.651, supported by strong volume
đ Risk Management
âą Stop-Loss: 0.630, aligned with MA10 and the most recent swing low
đŻ Target Levels
âą Primary Target: 0.662 (near-term resistance)
âą Secondary Target: 0.676 (next major resistance)
đ As long as price holds above key supports and volume confirms breakouts, the bullish bias remains valid.
đ Support the analysis by clicking âTradeâ below
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