Virtuals Protocol (VIRTUAL) is currently trading at $1.11, reflecting a 2.96% increase over the past 24 hours. The daily price range has been relatively tight, with a high of $1.14 and a low of $1.059, indicating limited volatility.

Volume is at 161,480,402, which corresponds to a volume-to-market cap ratio of 22.44%, suggesting a healthy level of trading activity relative to its market capitalization. However, the short-term moving averages (8 SMA and 13 SMA) are showing slight declines of -0.06% and -0.21%, respectively, indicating a potential short-term bearish sentiment.

The 21 SMA and 55 SMA, however, are more optimistic with increases of +0.80% and +1.31%, respectively, suggesting some underlying strength. The 144 SMA at $1.15 shows a significant decline of -3.81%, indicating resistance around that level which may hinder upward momentum.

The Relative Strength Index (RSI) metrics present a mixed outlook; the 1-hour RSI is at 48, suggesting neutrality, while the 7-day RSI at 44 indicates that the asset is nearing oversold territory. The 7-day price change is down 21.21%, and the 14-day change is also negative at -14.78%, which raises concerns about the current downward trend.

On the other hand, the 30-day price change has increased by 37.07%, indicating that the asset has gained momentum over a longer period, which could attract investors looking for a recovery. The all-time high of $5.07 reached in early January 2025 highlights substantial potential for growth, but the current price remains significantly below that level.

Given the mixed technical indicators, short-term bearish signals, and recent negative price trends, a cautious approach is warranted. Therefore, the recommendation for Virtuals Protocol (VIRTUAL) is to Hold, as potential upside exists but immediate trends indicate volatility and uncertainty.