The current price action on VANRY suggests that the bears are still in the driver's seat. While there was a minor bounce, the lack of follow-through from buyers indicates that a deeper correction might be necessary before a sustained move upward.
Key Technical Insights
Seller Dominance: The 4H chart shows price struggling below the SuperTrend resistance line (red zone). Sellers are successfully defending the $0.0062 - $0.0065 area.
Liquidity Hunt: There is significant "Sell-Side Liquidity" sitting near the previous wick low of $0.004940. Price often gravitates toward these levels to trigger stop-losses and gather the necessary "fuel" (buy orders) for a reversal.
Weak Buyer Strength: The recent green candles lack the volume needed to confirm a trend reversal. This looks like a corrective move rather than a new bullish trend.