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VIRTUAL has been turning heads lately—five consecutive bullish candles painting a pretty compelling narrative on the charts. Right now it's sitting tight just below a crucial resistance level. Here's the thing: if we see a solid breakout with a daily close above this key psychological price point, that could be the green light for the rally to extend further. Watch this level closely.
At the moment of breaking the support level, all the details become clear.
If resistance can truly hold steady, then the future can be better discussed. Otherwise, it might just be another routine "fake-out" play.
The story behind the five consecutive bullish candles needs to be told completely; just looking at the candlesticks alone can be a bit misleading.
Whether this little rally can break through the psychological price level mainly depends on the market’s patience.
Whether it breaks or not, I still have to keep a close eye on this price point.