$VANRY USDT is currently showing short-term bullish momentum in the market. On the 15-minute timeframe, the price is trading around 0.006300 USDT, reflecting a +3.99% increase over the last 24 hours. This movement suggests growing buying pressure in the short term.
đ Technical Analysis
Moving Averages
MA(7): 0.006298
MA(25): 0.006236
MA(99): 0.006133
The price is trading above all major moving averages, which is generally considered a bullish signal. The short-term MA(7) staying above MA(25) indicates continued upward momentum.
Price Structure
24h High: 0.006342
24h Low: 0.006008
The chart shows a higher low formation, suggesting buyers are defending price dips. Current consolidation near resistance often precedes a potential breakout.
đ Volume Analysis
Trading volume remains moderate and stable, without extreme spikes. This indicates healthy accumulation rather than emotional buying, which supports a sustainable short-term move.
đ Key Levels to Watch
Support Zone: 0.00623 â 0.00616
Major Support: 0.00600
Resistance Zone: 0.00634 â 0.00636
A strong candle close above 0.00636 with increased volume could open the path toward 0.00650+ in the short term.
Failure to hold 0.00623 may lead to a minor pullback.
Risk Factors
Despite short-term strength, @Vanarchain still shows weak performance on higher timeframes (30â90 days). Therefore:
Always use stop-loss
Avoid high leverage
Wait for breakout confirmation before entering large positions
Conclusion
$VANRY USDT currently offers a favorable setup for intraday and scalping traders. However, long-term investors should wait for clearer trend confirmation on higher timeframes.
Disclaimer: This analysis is for educational purposes only and not financial advice. Cryptocurrency trading involves significant risk.