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Virtual Protocol perpetual contract

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VIRTUALUSDT.P
The uptrend from April lows looks impulsive, with the pullback from Apr–May likely complete. Prefer to see price follow through (potentially as a leading diagonal) toward May highs, where it could form a more reliable base for a larger and more sustainable upleg.

While not my main scenario, a deeper pullback still cannot be ruled out.

Chart: tradingview.com/x/eZ8Rphhf/
Snapshot



VIRTUALUSDT Entry: $1.7

Stop‑Loss: Just under $1.60

Target: $1.84–1.85 (resistance zone)



VIRTUALUSDT.P Following my initiation of a sell position

It rose to a peak of $2.58.

As I stated previously in my TA, that will include additional shorts starting from $2.56.

Initiated a short position from that point and also released an update at $2.50.

with updated target of $2.3840

All sell positions have now been closed near the target at $2.3970

Trade Successful