VIRTUAL Token Faces 10% Drop as Triple Top Pattern Signals Bearish Momentum

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-19 09:47:12

VIRTUAL News -

Virtuals Protocol’s VIRTUAL token dropped over 10% on Monday, trading around $1.78 after failing to break through a key resistance level. The decline reflects heightened profit-taking among holders, with Santiment’s on-chain data confirming increased selling pressure.

A developing triple top pattern suggests potential further downside, with technical analysts targeting the $1.23 support level. The bearish formation comes as traders ramp up short positions, creating a cycle of liquidation pressure.

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