VANRYUSDT Is on Critical Rebound or Deeper Decline Ahead?Yello, Paradisers! Is #VANRYUSDT at a make-or-break moment? Let’s dive into this potential move and what it means for your next trade.
💎#VANRY’s price is currently sitting on a crucial demand zone, and a rebound here is necessary for any continued upward movement. If we see this bounce, the price is likely to push higher, especially since the recent pattern has already broken to the upside. The first target will be the minor resistance area, where we might see a reaction. However, if VANRY successfully breaks through that minor resistance, there's a strong probability we’ll witness a significant upward move, with the next target being the major resistance level.
💎On the downside, if VANRY fails to rebound from the demand zone around 0.093 and breaks below it, the price could revisit the major support area. Historically, this zone has been respected multiple times, with the price rebounding each time it was tested.
💎The bullish scenario becomes invalid if VANRY fails to rebound at the major support level of 0.0786, and the daily candle closes below 0.093. In this case, we could see a continuation of downward movement and further dips ahead.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
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