#vanar @Vanarchain $VANRY

VANRY
VANRYUSDT
0.006315
+2.18%

$VANRY is currently trading near 0.006158 USDT, reflecting short-term selling pressure after a brief recovery from the session low at 0.006068. The 15-minute timeframe reveals a volatile structure, with sharp downside movement followed by a relief bounce — a common pattern during liquidity sweeps.

📊 Market Structure Overview

Earlier in the session, price declined steadily from the 0.00626 area, forming lower highs and lower lows — a clear short-term bearish trend. However, once price tapped the 0.00606 zone, buyers stepped in aggressively, triggering a rebound supported by increased volume.

This suggests:

The 0.00606 area is acting as temporary demand

Short-term sellers took profits

Buyers attempted to shift momentum

Despite the bounce, price is now facing resistance between 0.00618 – 0.00622, an area where previous support turned into resistance.

📈 Volume & Momentum

Volume expanded noticeably during the recovery move, which is typically a constructive sign. However, sustained bullish continuation requires:

Strong follow-through candles

A clean breakout above 0.00622

Decreasing selling pressure on pullbacks

Without confirmation, the bounce may remain corrective within a broader short-term downtrend.

🔑 Key Levels to Watch

Support Zones:

0.00606 (intraday demand)

Below that could open further downside

Resistance Zones:

0.00622

0.00626 (previous high)

A decisive break above 0.00626 would signal a potential short-term trend reversal. Failure to hold above 0.00610–0.00612 may invite renewed selling pressure.

⚖️ Broader Context

Recent performance metrics show mixed momentum across timeframes, with longer-term returns still under pressure. This indicates that while intraday trading opportunities may exist, overall trend bias remains cautious.

🧠 Conclusion

$VANRY is at a critical short-term decision point. The bounce from 0.00606 shows buyers are present, but resistance overhead must be reclaimed to confirm strength.