$VIRTUAL has been showing slight volatility within a relatively narrow price range. The price has recently bounced between $2.91 and $3.28, indicating a potential consolidation phase. During such periods, price moves are typically more predictable, making it an ideal scenario for scalping strategies. The key level to watch is $3.28 (resistance), while $2.91 is the support level. Traders should monitor these ranges for quick entries and exits.
Entry Range:
Long Position: Enter between $2.95 - $3.00 (if the price breaks above $3.00)
Short Position: Enter between $3.20 - $3.25 (if price starts to fail to break above resistance)
SL:
Long SL: $2.85
Short SL: $3.35
TP:
Long TP: $3.15
Short TP: $3.05
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