$VANRY Technical Analysis
Currently VANRY is trading inside a falling wedge pattern, which is considered a bullish reversal setup.
• Price has been consolidating with lower highs & lower lows, but the wedge is narrowing, showing reduced selling pressure.
• A breakout above the resistance trendline could trigger strong bullish momentum.
✅ Bullish Scenario:
• A confirmed breakout and daily close above $0.028 – $0.029 could open the way towards $0.032 → $0.038 → $0.042 levels.
• Increasing volume on breakout would further confirm strength.
❌ Bearish Scenario:
• If price gets rejected at resistance, it may retest the support zone around $0.022 – $0.021.
• Losing this zone may invalidate the bullish setup.
🎯 Trade Setup Idea (Not financial advice):
• Entry: On breakout & retest above $0.028 – $0.029
• Stop Loss: Below $0.022 support
• Targets: $0.032
/ $0.038 / $0.042$VANRY analysis:
The price has formed a double bottom pattern and has bounced back from it. Additionally, the price has broken the downtrend line, indicating a potential continuation of the upward movement. You may consider opening a long position during the retest of the trendline.
Support Area: $0.0265-$0.
0273$VANRY
