Technical analysis by MMBTtrader about Symbol VIRTUAL: Buy recommendation (10/24/2025)

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The price is currently approaching a significant technical confluence, testing both the upper boundary of its prevailing channel and the key psychological resistance at $1.00. A decisive breakout above this combined resistance zone would signal a substantial shift in market structure and momentum. In such a scenario, we would anticipate a strong bullish impulse, with an initial projected target zone beginning above $2.00.
Conversely, should the price face sustained rejection from this critical resistance area, it would indicate a failure to overcome selling pressure. This could invalidate the near-term bullish outlook and potentially trigger a significant corrective move. In the long-term, such a development could see the price decline toward the $0.20 support level.
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