Virtual experiences a 10% decline – can the bulls hold the $0.70 support?

VIRTUAL’s price fell over 10% recently, reflecting bearish trends. The ongoing decline highlights a weak technical outlook, with significant selling pressure due to indicators like moving averages and MACD readings.

Network activity is sluggish, with holders dropped to 1.03 million and trading volume down to 80 million USD. However, liquidity around the $0.70 level may aid in a potential reversal if bullish sentiment prevails.