Binance Square

shortentryn

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SkyTrade Insights
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$VIRTUAL just hit a massive rejection at the $1.148 resistance level. Looking at the 4H chart, the bulls are clearly exhausted after that 18% pump. RSI is curling down from the overbought zone, signaling a much-needed correction. I'm expecting a pullback to test the $1.00 psychological support soon. Entry: $1.08 - $1.10 Target 1: $1.02 Target 2: $0.98 Stop Loss: $1.16 Don't chase the pump, trade the reversal! Check $VIRTUAL here and ride the move down! #VIRTUAL #ShortEntryn #CryptoAnalysis #BinanceSquare
$VIRTUAL just hit a massive rejection at the $1.148 resistance level. Looking at the 4H chart, the bulls are clearly exhausted after that 18% pump. RSI is curling down from the overbought zone, signaling a much-needed correction.

I'm expecting a pullback to test the $1.00 psychological support soon.

Entry: $1.08 - $1.10 Target 1: $1.02 Target 2: $0.98 Stop Loss: $1.16

Don't chase the pump, trade the reversal! Check $VIRTUAL here and ride the move down!

#VIRTUAL #ShortEntryn #CryptoAnalysis #BinanceSquare
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