⚓️ The notable descending wedge formation in the weekly technical chart of $VRA carries the possibility of an upward breakout. The target of the formation is the yellow line level, and if it reaches this level, it offers approximately 11 times potential. However, for the technical validity of this formation, it is critical to remain above the six closing levels. The RSI value is currently around 48; neither in the overbought nor the oversold zone. Although the MACD histogram has started to turn positive, the signal line has not yet crossed above. While short-term indecision continues, the formation creates an important area of focus in the larger time frame.
💡 VRA (Verasity) is a Web3 project developed to prevent fake views on video platforms and to promote genuine viewer engagement, featuring "Proof of View" technology. It also stands out with e-sports broadcasts, advertising verification solutions, and staking systems.
‼️ This is not investment advice.
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