Virtuals Protocol (VIRTUAL) is currently trading at $0.893446, reflecting a 24-hour change of -2.71%. The daily price range has been between $0.889829 and $0.934214, indicating limited volatility with a daily range of approximately 4.44%.

Trading volume stands at 123,332,381, with a volume-to-market cap ratio of 21.09%, suggesting significant liquidity in the market. However, the 7-day and 14-day price changes are notably negative at -18.35% and -37.64%, respectively, indicating a sustained downward trend in the asset's value.

Technical indicators reveal that all short-term moving averages (8, 13, 21, and 55 SMA) are currently positioned below the current price, suggesting a bearish sentiment. The 144 SMA at $0.9301 is also declining, which reinforces the downtrend, as it is still above the current trading price.

The 1-hour and 7-day Relative Strength Index (RSI) both sit at 42, indicating the asset is nearing oversold conditions but has not yet reached that threshold. This lack of momentum signals that VIRTUAL may continue to face selling pressure unless significant buying interest emerges.

Given the asset's all-time high of $5.07 from January 2025, the current price represents a substantial decline, highlighting the challenges it faces in regaining previous highs. This long-term downtrend, combined with weak technical signals and a bearish sentiment, prompts caution among traders.

In conclusion, the overall market conditions and the technical indicators suggest a bearish outlook for Virtuals Protocol. Therefore, the recommendation is to Hold VIRTUAL until clearer bullish signals emerge, as the asset is currently not positioned favorably for a Buy.