$VANRY is trading near 0.00634, close to its 24H high of 0.00636, showing short-term strength. However, price remains below the EMA21 at 0.00676, keeping the broader trend corrective. RSI around 48 signals recovering but still neutral momentum. MACD histogram is shrinking, indicating weakening bearish pressure and a possible bullish crossover. The order book shows sell walls near 0.00636–0.00637, which must be cleared for continuation. A confirmed breakout requires a strong move above 0.00676 with volume expansion. #vanar @Vanarchain $VANRY
$VANRY is trading near 0.00623 after bouncing from the 24H low of 0.00602, while facing rejection below the 24H high at 0.00644. Price remains under EMA-21 (0.0068), confirming the trend is still corrective. RSI around 42 shows weak momentum, suggesting no oversold condition yet. The order book is ask-dominant with selling pressure higher than bids, which limits upside continuation. Although most traders are positioned long, open interest remains stable, indicating no strong breakout conviction. A short-term relief bounce is possible, but a confirmed bullish shift requires a clean reclaim above 0.0068. @Vanar
Being a technical analyst isn’t about telling the future, it’s about taking the least amount of risk with the most of amount of reward
No trade will always be 100%. And things will happen to throw out particular setups. But with a good entry, a tight stop loss and a good profit taking %, you are in the best position to make the most money with the least risk
February → Bear trap March → Bitcoin breakout April → Altcoin season May → New ATH around $215K June → Bull trap July → Liquidation cascade August → Bear market kicks in