$VANRY /USDT Technical Summary
The chart shows a strong downward trend with the price currently at 0.006221.
Key Takeaways
Current State: The price is "hugging" the lower Bollinger Band, signaling bearish momentum.
Resistance: The middle band (0.0076) is the immediate ceiling. A breakout above this is required for any recovery.
Support: The recent low of 0.0057 is the critical floor; falling below this could trigger a deeper drop.
The Outlook
Bearish: If the price stays below 0.0076, expect further declines toward new lows.
Bullish: A daily close above 0.0076 would signal a trend reversal toward the 0.0099 target.