$VANRY /USDT Analysis
Current Price: $0.1473 (+8.79%)
24H High: $0.1541
24H Low: $0.1311
Volume (24H): 134.95M VANRY / 19.28M USDT
Technical Indicators:
1. MACD:
MACD Line: -0.0003
Signal Line: 0.0012
Indicates a bearish crossover and a potential weakening of the bullish trend.
2. Moving Averages (MA):
MA(5): 1,163,346
MA(10): 1,787,890
Short-term MA is slightly below the long-term MA, suggesting short-term resistance near the highs.
3. Volume:
A sharp increase in volume accompanied the price surge, but subsequent candles show a decline in momentum.
Key Levels:
Resistance: $0.1541 (recent high)
Support: $0.1456 and $0.1416
Strategy Insight:
The price is testing support near $0.1456. If it holds, there might be another attempt to break $0.1541.
Watch for a potential bearish continuation if the MACD and volume trend lower.
Consider short-term trades within the $0.1416–$0.1541 range, while monitoring for a breakout above or breakdown below these levels.