#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
