Analysis of the Virtual asset (VIRTUAL/USDT)
Analyzing the Virtual asset (VIRTUAL/USDT) on the 4H chart, using indicators and volume data.
1. Current situation 📊
Price: 3.1304 USDT, near the important resistance level of 3.3117 USDT.
Triangle: A contracting triangle is forming, indicating an upcoming significant movement.
Indicators:
Ichimoku: The price is above the cloud, confirming a bullish sentiment, but the Kijun and Tenkan lines are close to crossing.
SAR: SAR points are below the price, indicating an upward trend.
Bollinger Bands: The expansion of the bands indicates possible volatility in the near future.
2. Volume and levels 🔍
VPVR: The highest volume is observed at around 1.5 USDT, which serves as strong support.
The current resistance zone (3.3 USDT) is accompanied by moderate volumes. An upward breakout will require increased buying activity.
3. Development scenarios
Bullish scenario 🚀:
Breakout of resistance at 3.3117 USDT.
Targets: 4.0-4.5 USDT with strong volumes.
Bearish scenario 📉:
Rejection of the resistance level.
Potential decline to the zones of 2.5 USDT and then to 1.5 USDT.
4. Recommendations ✅
For those who already hold the asset: maintain your position provided the price stays above the Ichimoku cloud.
For new positions: wait for confirmation of the breakout at 3.3117 USDT with volumes.
Set stop-losses below the level of 2.8 USDT to minimize risks.
5. Conclusions 📈
Virtual shows potential for strong movement in the coming days. Current dynamics indicate a bullish advantage, but it is important to monitor volumes and resistance levels.
🔥 Advice: Carefully watch the price behavior in the triangle and be ready to act! 🔥
