crucial level of support now. If it cant hold it'll break lower to the next support zone around $.09. From what I have learned so far about this assest, I am very intrigued. They've been around for awhile too. If you're interested in dollar cost averaging in, I think we're at a good spot. Just look at the potential upside!
vanarchain
Good luck my friends!
Golden Rule
“Short DCA only with the trend, at resistance, and with a clear invalidation level.”
Why plus minus all dyor
Bearish Structural Trend: VANRY down 3.19% daily and 40.16% monthly, trading below key EMAs and Bollinger mid-band, with MACD negative and RSI at 36.6
Smart Money Short Control: Short whales increased to 170 (+8%), long/short ratio dropped to 0.2706; 163/170 short whales profitable, signaling strong downside conviction
Whale-Driven Downside: $1.2M net inflow but 0% large-inflow ratio; bearish momentum fueled by whale shorts defending $0.006355–$0.006366 resistance
Key Levels in Focus: Resistance at $0.006355–$0.006448; breakdown below $0.006355 targets $0.006250, break above $0.006400 risks short squeeze
Price Action Analysis
Price Action: VANRY trading at $0.006122, down 3.19% today, with resistance at $0.00648 (Bollinger upper) and support near $0.00599
Technical Signals: RSI at 36.6 (oversold), MACD negative (-0.00006863), price below 7/25/99 EMAs and Bollinger mid-band ($0.006238), confirming bearish momentum
Volume & Sentiment: $2.48M 24h volume, $11.77M buy vs $10.57M sell, but 0% large-inflow ratio; extreme fear (12/100) with high retail bullish post ratio (48:1)
Whale Positioning & Flow
Short Whale Buildup: 170 short whales (up from 157), holding ~71–78M VANRY at $0.006355–$0.006394, 163 now profitable
Long Whale Pressure: 110–115 long whales at $0.006400–$0.006448, only 8/113 profitable; positions reduced from 24.6M to 17.9M VANRY
L/S Ratio Shift: Long/short ratio fell 15% to 0.2706; short dominance confirmed by $1.2M net inflow without institutional participation
Trading Strategy Outlook
Short-term: Favor short entries on retest of $0.006360–$0.006370, stop above $0.006400, target $0.006250 (2.75:1 R/R)
Mid-term: Downside continuation likely if $0.006355 breaks; watch for long liquidation cluster at $0.006505
Long-term: Avoid longs until whale longs regain profitability; reversal requires sustained break above $0.006505 with volume#vanar @Vanarchain $VANRY
