$VANRY continues to trade below the 25/99 MAs on the 18H timeframe, keeping the broader bias neutral-to-bearish despite a recent rebound from the sweep near 0.0049. Momentum is stabilizing, but buyers still need stronger volume to confirm a trend shift. From a fundamentals angle, @Vanarchain focus on scalable Layer-1/L2 infrastructure for gaming and AI remains a long-term narrative worth tracking. Stay updated via @Vanarchain .
“Support zones don’t promise profits; they offer opportunity only when buyers show up.”
Key Levels:
Support: 0.0058–0.0055 (recent demand zone). A loss of this area would expose lower liquidity.
Resistance: 0.0065–0.0070, aligned with prior supply and falling MAs.
Buy Zone:
Conservative entries can be considered near 0.0058–0.0055 only after a higher low and volume expansion signal buyer control.
Short-Term Target:
On a confirmed bounce, price could rotate toward 0.0065–0.0068 for a mean reversion move.
Risk Note:
Trend remains weak while below key MAs; avoid chasing green candles. Invalidate the setup on a clean break below support and manage position size accordingly.