$VANRY is currently consolidating just below a key resistance zone, where sellers previously showed strong activity. Recent price action signals caution as momentum slows near overhead supply.
âMarkets reward patience â profits come from respecting resistance.â
đŽ Key Resistance Zone
Resistance Level: 0.0066 â 0.0069
This zone previously triggered sell pressure
Price is facing rejection near moving averages (MAs)
Breakout needs strong volume confirmation
â ïž Overbought / Rejection Signals
RSI on lower timeframes is moving toward overbought territory
Recent candles show upper-wick rejection
Indicates buyer exhaustion near resistance
đ§ Reason for Caution
Liquidity is thinning near resistance
Failed breakouts can trap late long positions
Price is still below a confirmed structure breakout level
Fundamental progress by @Vanarchain is positive, but price must confirm
đĄïž Safe Trading Advice (Risk-First Approach)
â Consider partial profit-taking near resistance
â Trail stops on remaining positions
â Avoid FOMO entries on green candles
âł Wait for a high-volume close above resistance before re-entering
đ Final Take
Vanar Chain is building steadily, but price action says respect resistance first. Smart traders protect capital and let confirmation lead the way.
đ Plan your trade, trade your plan.
đ Lock profits, protect downside, and wait for confirmation.