How VIRTUAL surged 12% while $190K tokens left exchanges – Assessing…

VIRTUAL surged 12.53% in 24 hours as volume jumped 32.64%, pushing price toward $0.6660.

Market capitalization held near $437 million while participation expanded across spot and derivatives markets. Buyers stepped in repeatedly around the $0.50–$0.55 demand zone following the recent rebound.

The 24-hour volume reached $77.25 million, confirming genuine engagement rather than thin liquidity spikes.

However, price remained below the broader breakdown region that triggered the prior leg lower.

This left traders focused on whether the recovery could shift structure. For now, Virtuals Protocol [VIRTUAL]  built short-term strength while testing overhead supply.

Can VIRTUAL reclaim the $0.70 ceiling?

As of press time, VIRTUAL continued trading within a broader descending structure that has defined lower highs since late 2025. Price was approaching the $0.70 resistance zone, which aligned with prior breakdown support turned supply. 

Recent candles show higher lows forming from the $0.5033 base, indicating buyers continue defending structural demand. However, the descending trend framework still caps upside attempts beneath the $0.9045 level. 

A decisive reclaim of $0.70 would shift short-term structure toward expansion and could open a path toward $0.9045. 

On the other hand, rejection at this level would keep the price rotating within a compression between $0.55 and $0.70. Therefore, this zone defines the structural inflection point for continuation or renewed pressure.

The Parabolic SAR has flipped below the price near $0.5497, signaling that the short-term trend direction has shifted in favor of buyers. 

This flip confirms that recent downside pressure has eased compared to the prior sequence of lower highs. 

At the same time, the Stochastic RSI reads 71.69 and 68.58, showing that price strength continues building toward overbought territory. 

As oscillators rise above 70, upside acceleration remains intact; however, stretched readings also increase pullback probability. Still, Stochastic RSI has not yet reached extreme exhaustion levels. 

As a result, buyers retain short-term control, although they must defend higher lows to prevent indicator rollover from triggering another corrective phase.

Exchange outflows persist despite recovery

Spot Netflows continue printing negative readings across multiple sessions, reflecting consistent exchange outflows even as price advances. 

The latest reading shows approximately -$190.31K, extending the broader pattern of withdrawals seen throughout February. 

This persistent negative netflow suggests holders continue moving tokens away from exchanges rather than preparing to distribute aggressively. 

Although price recovery unfolds near $0.66, the supply available for immediate selling appears restrained. However, sustained upside requires steady demand to absorb overhead resistance near $0.70.

If outflows continue while price stabilizes above support, structural supply tightness could reinforce bullish positioning over time.

Derivatives traders increase VIRTUAL exposure aggressively

Open Interest has climbed 20.61% to $69.45 million, signaling that traders continue building leveraged positions alongside the rally. 

This expansion confirms that derivatives participants actively engage rather than observing from the sidelines. 

As Open Interest rises with price, speculative conviction strengthens, yet leverage expansion also increases liquidation sensitivity. 

Should price secure acceptance above $0.70, long positioning could accelerate toward higher resistance zones. However, if rejection emerges, elevated leverage could amplify volatility through forced unwinds. 

Thus, derivatives positioning now plays a critical role in determining whether this breakout attempt evolves into sustained upside continuation.

Breakout or renewed rejection?

VIRTUAL currently builds strength directly beneath $0.70, and this level now stands as the immediate structural barrier that must transition into support. 

Price has stabilized after defending its recent base and continues pressing upward with controlled pullbacks rather than sharp rejections. 

This behavior reflects absorption instead of distribution. Given the constructive structure and sustained buying pressure into resistance, the chart now favors a reclaim of $0.70. 

A successful transition of this level into support would confirm a short-term trend shift and establish the foundation for further upside expansion.

Final Summary

• VIRTUAL surged 12.53% in 24 hours as volume jumped 32.64%, signaling expanding participation across markets.
• Price approached the critical $0.70 resistance zone within a broader descending structure.