Let's analyse VRAUSDT:
After a prolonged downtrend within a well-defined falling channel, VRAUSDT has finally shown signs of reversal. Price action has convincingly broken above the descending channel and reclaimed the 50-day moving average – a major shift in momentum.
Setup Details
Entry Zone: 0.00139 – 0.00150 (Wait for retest)
Stop Loss: 0.00116
Targets:
• TP1: 0.00190
• TP2: 0.00280
• TP3 (for spot): 0.00361
Confluences Supporting the Trade
✅ Breakout from descending channel
✅ Strong volume candle on breakout
✅ Reclaim of the key moving average
✅ Clean invalidation level below breakout zone
✅ Risk: Reward above 6
This breakout could mark a trend reversal or a medium-term relief rally. As long as the price holds above 0.00139, bulls are in control. A healthy pullback into the entry zone would offer a second chance for late entries.
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