$VANRY /USDT Technical Analysis & Trade Setup
VANRYUSDT
Perp
0.008126
-5.40%
Long Setup🟢📈
Entry Zone: $0.0078 - $0.0082
Targets:
TP1: $0.0089 (24h high)
TP2: $0.0095 (resistance zone)
TP3: $0.0101 (extended target)
Stop Loss: $0.0075 (below support)
Technical Analysis
The chart shows VANRY experienced a significant pump on January 19th, spiking to approximately $0.0115 before getting sharply rejected. Since then, the price has been in a steady downtrend, forming lower highs and lower lows - a classic bearish pattern.
Key Observations:
Strong resistance established at $0.0095-0.0101 (orange horizontal zone).
Current support forming at $0.0078-0.0082 (red zone).
Price rejected from resistance and now testing support.
Declining volume suggests weakening momentum.