@Vanarchain #vanar $VANRY
Assalamu Alaikum. Today I am looking at the Weekly (1W) chart of $VANRY, and it caught my attention for a very specific reason. After a long period of decline, we are seeing signs of stabilization.
1. Historical Support Zone 🛡️
VANRY is currently trading near its historical lows at $0.0089. Looking at the chart, the $0.0061 - $0.0090 area has acted as a massive floor in the past. When a coin sits at such a deep discount after a major downtrend, it often enters a long-term accumulation phase.
2. Risk vs Reward 📊
For long-term holders, the risk-to-reward ratio at these levels is quite attractive. While the momentum is still slow, a solid weekly close above $0.010 could signal the beginning of a recovery trend toward $0.020 and higher.
My Opinion:
I am watching this bottom closely. As long as it holds above $0.006, I remain cautiously optimistic for a long-term turnaround. What do you think? Is this the perfect entry or is there more pain ahead?
#VANRY #TechnicalAnalysis #BinanceSquareCreator #CryptoHunterHQ #Layer1 #Layer2