$VANRY has tested the $0.007945 resistance zone and is showing signs of rejection after a strong upward move. The current price action suggests bullish momentum may be weakening near this level.
Although funding remains negative, declining open interest indicates the recent rally is not being supported by significant new positioning. With buyers struggling to push through resistance, the setup favors a potential short-term pullback.
Trade Setup
- Entry: $0.00742–$0.00767
- Take Profit 1: $0.00710
- Take Profit 2: $0.00640
- Take Profit 3: $0.00550
- Stop Loss: $0.00810
A sustained move above $0.00810 would invalidate the bearish setup. Until then, the bias remains to sell rallies while maintaining disciplined risk management.
$VANRY
#RMJ_trades
#BinanceTurns9
#JapanBondYieldHits30YearHigh
#HongKongCompletesFirstGoldTradeSettlement
Although funding remains negative, declining open interest indicates the recent rally is not being supported by significant new positioning. With buyers struggling to push through resistance, the setup favors a potential short-term pullback.
Trade Setup
- Entry: $0.00742–$0.00767
- Take Profit 1: $0.00710
- Take Profit 2: $0.00640
- Take Profit 3: $0.00550
- Stop Loss: $0.00810
A sustained move above $0.00810 would invalidate the bearish setup. Until then, the bias remains to sell rallies while maintaining disciplined risk management.
$VANRY
#RMJ_trades
#BinanceTurns9
#JapanBondYieldHits30YearHigh
#HongKongCompletesFirstGoldTradeSettlement