Virtuals Protocol's VIRTUAL token, which has gained attention for its volatility, is currently trading at $3.86, reflecting a 6.77% drop in the last 24 hours. Market analyst Michaël van de Poppe suggests that identifying high-time-frame support areas, such as the range of $2.50-$3.00, could present bounce play opportunities. The token saw a recent upward movement, reaching a high of $4.40 before experiencing a sharp decline. It is currently stabilizing around $3.86, indicating profit-taking. The token's trading volume is $386.68 million, suggesting heightened market activity. The resistance zone is established around $4.40, while the support level to watch is $3.85. Key technical indicators, such as the RSI and MACD, show a mixed outlook for the token's potential movements.
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