📈 Market Structure: Bullish reversal → pullback continuation setup

VIRTUALUSDT shows a strong recovery from the downtrend channel with a breakout and retest of key Fibonacci and resistance-turned-support levels, suggesting potential upside continuation.
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🔑 Key Technical Zone
🟢 RBS Zone + Fibonacci Golden Zone: $0.6162 – $0.6002
Resistance turned support (RBS)
0.5 – 0.618 Fibonacci retracement confluence
High-probability buying area
Holding above this zone confirms bullish continuation
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🎯 Trade Levels (Based on Chart)
🎯 Entry Area: $0.6164 (pullback entry near golden zone)
🛑 Stop Loss: $0.5564 (below structure support)
🏹 Target 1: $0.6972 — previous resistance zone
🏹 Target 2: $0.7964 — major supply/resistance level
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📈 Bullish Scenario
✅ Price holds above $0.60 support → continuation toward $0.70 and $0.79.
Breakout from the descending channel signals trend reversal with higher low formation.
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📊 Technical Confluence
Descending channel breakout
Fibonacci golden zone support
Resistance turned support (RBS)
Higher low formation
Bullish momentum continuation structure
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🔑 Key Technical Zone
🟢 RBS Zone + Fibonacci Golden Zone: $0.6162 – $0.6002
Resistance turned support (RBS)
0.5 – 0.618 Fibonacci retracement confluence
High-probability buying area
Holding above this zone confirms bullish continuation
➖➖➖➖➖➖➖
🎯 Trade Levels (Based on Chart)
🎯 Entry Area: $0.6164 (pullback entry near golden zone)
🛑 Stop Loss: $0.5564 (below structure support)
🏹 Target 1: $0.6972 — previous resistance zone
🏹 Target 2: $0.7964 — major supply/resistance level
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📈 Bullish Scenario
✅ Price holds above $0.60 support → continuation toward $0.70 and $0.79.
Breakout from the descending channel signals trend reversal with higher low formation.
➖➖➖➖➖➖➖
📊 Technical Confluence
Descending channel breakout
Fibonacci golden zone support
Resistance turned support (RBS)
Higher low formation
Bullish momentum continuation structure
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Trade ist aktiv
Both the targets hitTrade geschlossen: Ziel wurde erreicht
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
