2026-01-09 03:27:30

VIRTUAL's recent trend is quite interesting. On the four-hour candlestick chart, the price broke below the previous low, and the rebound strength was relatively weak, being essentially suppressed by the MA5 (1.0647) and MA10 (1.0544) moving averages, leaving little room for a rebound.

The RSI indicator is currently at 44.2 and continues to decline, while the MACD has already formed a death cross at a high level, indicating that the downward momentum is gradually being released. This level lacks volume support, and the overall market sentiment is quite bearish. If the decline continues, the next support level will likely be around 0.99.

Currently, VIRTUAL is quoted at around 1.0482. From a technical perspective, this is a good entry point for a short position. When a rebound occurs, it often tests the moving average resistance again, which will be the real opportunity to go short.

VIRTUAL5,4%

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SelfSovereignSteve

· 01-09 03:49

The moving average crossover is quite fierce, and RSI is still pointing downward. This short position definitely has some potential. --- It's the same old story, sell on rebound. I bet it will try once more around 1.06 and then break down directly. --- With such poor volume, how dare you short? You guys are really brave. --- Let's wait and see. Can 0.99 really hold? It feels like it will continue to dip. --- The resistance level is so obvious. Why are people still buying the dip? Truly. --- The MACD death cross combined with insufficient volume is indeed a bearish signal, but I also need to see the rebound first. --- Entering a short at 1.0482? I need to wait for confirmation of the rebound before deciding. --- The breakdown isn't strong enough. I have a feeling it might just fake out. --- Anyone who bets that 0.99 won't break, come on in. I'll treat you to a meal. --- The moving average resistance is so strong, the bears have already won or lost.

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SleepyValidator

· 01-09 03:44

The moving averages are holding it down tightly. This rebound is meaningless. It's better to wait for the rebound and then go short—that's the way to go.

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DuskSurfer

· 01-09 03:41

The moving averages are holding firm, and the RSI is still falling... This wave has some real potential. Let's see if we can hold the 1.0 threshold.

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GreenCandleCollector

· 01-09 03:36

The moving average suppression is so fierce, the rebound all dies at MA5. This wave of short positions is indeed tempting. VIRTUAL's rhythm indeed looks bearish, wait for the rebound to test the moving average before cutting, safe. RSI is only 44 and still going down, definitely lacks confidence, 0.99 really needs to be guarded against. It feels a bit early to enter now, better to wait for the rebound to the moving average before taking action. The trading volume is so awkward, no wonder the rebound strength is weak. Once the death cross forms, be mentally prepared. The next step depends on whether the support can hold.

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