š $VANRY /USDT ā Bullish Breakout in Play
Current Price: $0.0295
Price Change (24h): +4.28%
š Technical Overview:
VANRY/USDT is exhibiting strong bullish momentum on the 15-minute chart. Following a period of consolidation, the pair has successfully broken through a key resistance level, signaling potential for continued upward movement. The breakout is supported by increased volume and a series of strong bullish candles, indicating sustained buying pressure and improving market sentiment.
š Key Technical Levels:
Support: $0.0293
This former resistance level has now flipped to support. A retest of this zone may offer a potential long entry opportunity.
Resistance: $0.0298
A clear breakout and close above this level could confirm the continuation of the uptrend.
š Trade Idea ā Long Setup:
Entry Options:
On pullback to support at $0.0293
On confirmed breakout above $0.0298
Targets:
TP1: $0.0305 (conservative target)
TP2: $0.0317 (previous 24h high)
Stop Loss: Below support at $0.0290, to manage downside risk in the event of a reversal.
š¢ Note: Always use proper risk management and stay updated on market volatility.
#VANRY #cryptotrading #BinanceTrading #TechnicalAnalysis #altcoins