$VANRY TRADE IDEA 💡
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#VANRY/USDT Technical Analysis: Key Support Zone in Focus
Vanar Protocol (VANRY) is currently testing a crucial support zone on the daily chart, positioned within a descending triangle formation. This area has historically provided strong support, and a bounce from this level could offer a potential accumulation opportunity for long-term investors.
However, caution is warranted. Traders should be mindful of broader market conditions and consider placing stop-loss orders to manage risk in case of a breakdown from the support zone.
Key Levels to Watch:
Support: $0.0821
Resistance Targets: $0.1175, $0.1405, and $0.1888
Monitoring price action around these levels will be crucial to gauge the next significant move.
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