MyCryptoParadise

VANRY/USDT It's showing a bullish momentum for the movement!

BINANCE:VANRYUSDT   VANRY / TetherUS
πŸ’Ž Paradisers, #VANRY is indeed a coin worth monitoring closely.

πŸ’Ž Its successful breakout from the descending channel pattern indicates a bullish momentum for VANRY's movement. The current retesting phase at the demand level around $0.157, coupled with a bullish candle rejection, suggests a potential continuation of the upward movement.

πŸ’Ž If this scenario unfolds, VANRY could target the resistance zone between $0.21 - $0.228. Breaking above this area would be crucial for sustaining upward momentum and potentially reaching our target strong resistance area.

πŸ’Ž However, if VANRY fails to break above the resistance and experiences rejection, there's a possibility of retracement back to the demand area or even towards the Bullish OB area to gather momentum for another attempt at breaking the resistance.

πŸ’Ž The bullish invalidation would occur if VANRY confirms a daily candle close below $0.1085. Such a development would signal a shift in sentiment towards bearishness, potentially leading to further downward movement.

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