VIRTUAL recent price action has been quite interesting. On the 4-hour chart, the price broke below the previous low level, and the rebound strength afterward was relatively weak, basically suppressed by MA5 (1.0647) and MA10 (1.0544), leaving almost no rebound space.

The RSI indicator is now only at 44.2 and continuing to explore downward. MACD has formed a death cross at the high level, indicating that downward momentum is gradually releasing. This position lacks volume support, and the overall bearish sentiment is quite strong. If it continues to decline, the next support level would be around 0.99.

VIRTUAL is currently quoted around 1.0482. From a technical perspective, this is a good entry point for a short position. When there's a rebound, it will often test the moving average resistance again, and that's when the true shorting opportunity arises.