$VANRY /USDT – Overbought and Ripe for a Pullback
#VANRY has surged over 23% in just a few hours, climbing from $0.0292 to a high of $0.0376. However, it's now flashing signs of exhaustion with fading momentum and upper wicks indicating rejection—setting the stage for a potential short.
Why This Short Setup Looks Valid:
Rapid price spike with no solid pullback
Rejection candles forming near the top
A pullback is likely before any further upside
Short Trade Plan (Futures Only):
• Timeframe: 1H
• Entry Zone: $0.0370 – $0.0375
• Stop Loss: Above $0.0385
• Targets:
– Target 1: $0.0352
– Target 2: $0.0338
– Target 3: $0.0322
Important:
Only consider entering if the price starts rejecting $0.0375 again with declining buy volume. If upward momentum continues, stay on the sidelines until a clear reversal is confirmed. Always use a stop loss to protect your capital.