VANRY.

#VANRY Alright 📊🔥

Here’s a pure Technical Analysis article on VANRY (Vanar Chain) — written in a Binance-style, chart-focused, no-hype format.

📊 VANRY Technical Analysis (Market Structure Focus)

🔹 Trend Structure

VANRY is currently trading in a range-bound / accumulation structure after a prolonged downtrend. Price action shows lower volatility, which often signals a preparation phase rather than active distribution.

Higher timeframes still need confirmation for a full trend reversal

Shorter timeframes show base formation

👉 Conclusion: Neutral → mildly bullish bias if support holds.

🔹 Support & Resistance Zones

Key Support Zone • Strong buying interest appears near historical demand levels

• Multiple candle rejections from the downside indicate buyers defending the zone

Key Resistance Zone • Overhead resistance formed from previous breakdown area

• Price must close above resistance with volume to confirm bullish continuation

👉 Until resistance breaks, price may continue sideways consolidation.

🔹 Volume Analysis

• Declining volume during pullbacks → selling pressure weakening

• Volume expansion required for breakout confirmation

• No major distribution volume seen at current levels

👉 This supports the accumulation thesis, not panic selling.

🔹 RSI & Momentum

• RSI hovering near the neutral zone (40–55 range)

• No extreme overbought condition

• Bullish divergence possible if price makes equal or higher lows while RSI rises

👉 Momentum is resetting, which is healthy for future moves.

🔹 Moving Averages

• Price trading near short-term moving averages

• Long-term moving averages still overhead (dynamic resistance)

• A sustained close above key M#VANREY s would signal trend shift