The Virtuals Protocol (VIRTUAL) price has finally broken out of its long descending channel, and the market is paying attention. After months of drifting lower, VIRTUAL pushed above the trendline and is now pulling back to test it. This retest is an important moment because it often decides whether a breakout is real or just another fake move.
What makes this move interesting is the volume behind it. The breakout wasn’t quiet or weak; buyers stepped in with strength.
According to analyst CryptoBull360, this kind of structure often marks the beginning of a bigger trend shift. If the VIRTUAL price holds this level cleanly, we could be looking at the early stages of a bullish rally.
Why This Retest Matters for Virtuals Protocol
The VIRTUAL price is now revisiting the same trendline it struggled with for months. Each time price approached this level before, sellers pushed it back down. This time, it broke through. That flip from resistance to support is one of the strongest signals traders look for.
If buyers defend this area, it shows the market is ready to move in a new direction. The chart suggests that a solid bounce from this zone could open the road toward higher levels, with the next major target sitting near the 2.40 area.
What the VIRTUAL Chart Suggests Next
The structure is clean: a breakout, a pullback, and a possible continuation. The green zone shown by the analyst highlights the potential path upward if the retest holds. This would put the VIRTUAL price in position for a strong push, possibly retesting the highs from earlier in the year.
A failure, however, would put price back inside the old channel, and that would weaken the bullish case. For now, the chart still leans positive, and momentum remains on the side of buyers.
Moreover, the VIRTUAL price is at one of those key technical moments where the market chooses a direction. If this retest confirms support, the setup points to a move significantly higher. Traders are watching closely, and the bullish scenario becomes more likely as long as price stays above the breakout zone. A clean bounce here could mark the beginning of the next big wave for the Virtuals Protocol price.