$VANRY
1️⃣ Trend Structure
Price was in a rising structure (green ascending trendline).
That trendline has now been broken decisively ❌
After the breakout spike (~0.012), price formed lower highs + lower lows → short-term bearish trend
📉 Bias: Bearish (short term)
2️⃣ Key Support & Resistance
Support Zones
0.0072 – 0.0070 → Current & very important support
0.0065 → If 0.007 breaks, this is the next strong demand zone
0.0060 → Last major support (danger zone)
Resistance Zones
0.0079 – 0.0081 → Broken trendline + horizontal resistance
0.0088 – 0.0090 → Previous consolidation
0.0100 → Psychological + strong supply
3️⃣ Price Action Insight
Big pump → sharp rejection = smart money distribution
Current candles show weak buying pressure
Volume spike happened on the drop → selling strength confirmed
⚠️ This is not a strong bounce yet
4️⃣ Scenarios (Important)
✅ Bullish Recovery (Less likely now)
Hold above 0.0070
Break & close above 0.0081
Then targets:
🎯 0.0088
🎯 0.0098
❌ Bearish Continuation (More likely)
Lose 0.0070
Then price may move to:
🎯 0.0065
🎯 0.0060
5️⃣ Trade Idea (Educational, not financial advice)
If you are LONG holder (spot):
Don’t panic sell at support
DCA only near 0.0065
Cut loss if daily close below 0.0060
If you trade futures:
Avoid longs right now
Shorts only on pullback to 0.0079–0.0081 with confirmation
Final Summary
📉 Trendline broken → trend weakened
🧱 0.0070 is make-or-break
🐻 Below 0.007 → more downside
🐂 Above 0.0081 → recovery possible
If you want, I can:
Draw entry/SL/TP levels
Analyze RSI + EMA
