$VANRY is around 0.00376, still weak after the earlier spike failed and price slipped back below the main short-term averages. The chart is not giving me a clean long yet because every bounce is getting sold, so the better setup here looks like a short on bounce, not a short at the exact low.
My short zone would be 0.00390 to 0.00405, with a stop above 0.00420. First target is 0.00365, second target is 0.00350, and if selling pressure continues, I’d watch 0.00330 next.
The key area for me is 0.00400 to 0.00420. If VANRY bounces into that zone and rejects, sellers still have control. If it reclaims 0.00420 with strong volume, I’d cancel the short idea because that would mean the breakdown is losing strength.
My short zone would be 0.00390 to 0.00405, with a stop above 0.00420. First target is 0.00365, second target is 0.00350, and if selling pressure continues, I’d watch 0.00330 next.
The key area for me is 0.00400 to 0.00420. If VANRY bounces into that zone and rejects, sellers still have control. If it reclaims 0.00420 with strong volume, I’d cancel the short idea because that would mean the breakdown is losing strength.