VIRTUAL Protocol Breaks Out Above Resistance, Signals Bullish Momentum

VIRTUAL protocol has decisively broken out above its resistance level of $2.08, marking a significant shift in market sentiment. This breakout marks a new support point for the asset, signaling potential continued upward price movement. However, technical indicators highlight a possible pause in momentum due to the RSI being close to overbought territory. The price action has now shifted from trading at resistance to trading around $2.20. While this is an encouraging sign for bulls, caution is advised as market volatility remains high.