Virtuals Protocol (VIRTUAL) is currently trading at $0.835525, reflecting a marginal 24-hour change of 0.06186%. The daily price action shows a high of $0.867732 and a low of $0.831726, indicating a relatively tight range of 0.036006%, which suggests low volatility in the current trading session.

The trading volume stands at 62,311,836, translating to a Vol/Market Cap ratio of 11.36%. This volume indicates a reasonable level of market activity, but the declining trend in both the 7-day (-11.11%) and 30-day (-34.94%) price changes suggests ongoing bearish sentiment over a longer timeframe.

Analyzing the moving averages, the current price is below all key SMAs, with the 8 SMA at $0.8459, indicating a short-term bearish trend. The most significant deviation is with the 144 SMA at $0.8946, showing a 6.61% drop, further emphasizing the downward pressure on the asset.

The Relative Strength Index (RSI) readings also highlight weakness, with a 1-hour RSI of 34 indicating potential oversold conditions, while the 7-day RSI of 48 suggests a lack of momentum for recovery in the medium term. This technical setup, combined with the negative price changes over the past two weeks, reinforces a bearish outlook.

Given the current technical indicators, including moving averages and RSI data, along with the overall market sentiment reflected in the recent price trends, the recommendation is to Sell. The asset's inability to reclaim key moving averages and the bearish momentum suggest further declines are likely in the near term.