๐จALERT๐จ
๐ฅ VANRY's Frozen at Key Level: Will It Blast Off to .34 or Fizzle Out? ๐จ๐
๐ Current Consolidation: Price is hovering around the weekly Value Area High (VAH) and mid-range.
๐ Bullish Target: Eyes on the .32-.34 range high if bullish momentum picks up.
๐ BTC's Role: For sustained upward movement, BTC needs to breach its previous high.
๐ Range Play: We remain in a trading range until a definitive breakout occurs.
๐ VANRY's chart is telling us:
๐ข SUPPORT ZONE: Strong foundation between .25-.23.
๐ด TP-ZONE (Take Profit Zone): Aim for it if entering a long position.
๐ RSI Watch: The Relative Strength Index (RSI) seems volatile. Look for stability above the 50 mark for confirmation of trend strength.
๐ก Strategy Tips:
๐ฒ If you're risk-averse, wait for a breakout above the range high before entering.
๐ Consider a stop-loss near the range low to protect from sudden drops.
๐ง Keep an eye on Bitcoin's performance, as it could influence VANRY's movement.
๐ค Engage with this analysis! If itโs helpful, show some love with a tip, comment your views, or share it with your network! ๐๐ฌ๐
