VIRTUAL – Major Confluence ZoneEntry into 3D S/R and Demand Zone (Blue Box)
The current price action is testing a key 3D support/resistance level, which aligns with a historical demand zone.
Multiple diagonal supports converge here, making it a high-probability zone for a reaction.
Accumulation & Reversal Play
The setup suggests that this zone is ideal for building a position.
Expect potential wicks/spikes into the lower blue zone, hunting liquidity before a reversal.
If price holds above ~$1.40 (blue line), look for signs of strength (bullish candles, reclaim of lost support).
Upside Targets
If the zone holds, the first target is the prior local highs ($2.00–2.05).
Further targets are the overhead supply zones (highlighted in red), especially if the momentum persists.
Invalidation
A daily close below $1.40 or sustained trading below the lower blue box invalidates the setup and signals a risk-off environment.
