VANRY: Hitting the bottom of the 3D price channel – A golden opportunity for a booming recovery?
The VANRY code is attracting special attention from investors as it has just completed a re-examination of the extreme support area on the 3-day (3D) timeframe. Observing the chart structure, we see that the current price is right at the lower boundary of a long-term downtrend price channel. In trading techniques, this is considered a psychological buffer zone and the most solid support point for the asset to seek demand after a prolonged adjustment period.
The key point lies in whether the price begins to stabilize and tighten around this bottom area. That's the situation; instead of continuing the free fall, the price action shows that selling pressure is gradually diminishing, creating the groundwork for a confirming bounce. When a solid foundation is established, the recovery momentum could push VANRY to reclaim important milestones above. According to technical measurements, the first target will be $0.0012 and $0.023. If the cash flow returns more strongly, further targets at $0.045 and especially the milestone of $0.111 are completely within reach.@Vanarchain $VANRY
