$VIRTUAL printed a long liquidation around the $0.677 level, signaling a sharp downside liquidity sweep that removed overleveraged longs after a failed continuation attempt. This move pushed price back into a key demand zone near $0.65–$0.67 where buyers previously stepped in. Holding above this region keeps rebound potential alive toward immediate resistance at $0.71, followed by a higher target around $0.75 where prior supply remains stacked. Long liquidation events often mark short-term exhaustion if selling pressure begins to fade. However, a clean breakdown below $0.65 would weaken the structure and expose $0.61 as the next downside level. Bias leans cautiously constructive while support holds. $VIRTUAL
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$VIRTUAL printed a long liquidation around the $0.677 level, signaling a sharp downside liquidity sweep that removed overleveraged longs after a failed continuation attempt. This move pushed price back into a key demand zone near $0.65–$0.67 where buyers previously stepped in. Holding above this region keeps rebound potential alive toward immediate resistance at $0.71, followed by a higher target around $0.75 where prior supply remains stacked. Long liquidation events often mark short-term exhaustion if selling pressure begins to fade. However, a clean breakdown below $0.65 would weaken the structure and expose $0.61 as the next downside level. Bias leans cautiously constructive while support holds. $VIRTUAL