Is $VANRY at its Macro Bottom? A Long-Term Technical Analysis!

The weekly (1W) chart for $VANRY /USDT shows it is currently at a very critical stage. After months of sideways movement, the price is testing a major historical support zone.

Key Technical Insights:

1. Macro Support Zone: The $0.0057 - $0.0064 range is acting as a solid floor for the price. As long as this level holds, the downside risk is limited.

2. Undervalued Price: Compared to its previous highs near $0.187, the current price is significantly undervalued, offering a deep discount for long-term investors.

3. RSI Sentiment: The Relative Strength Index (RSI) is approaching oversold territory on the higher timeframe, suggesting that a recovery could be on the horizon.

Conclusion: For patient investors, this is a prime accumulation zone. However, we need a significant volume breakout to confirm a major trend reversal back to the upside. 🛡️💎

(NFA: Not Financial Advice. Do your own research before investing.)

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