VANRY shows recovery potential after breaking a downtrend. Support at $0.12 and growth expectations to $0.25–$0.30 create favorable conditions for the token.
Current Situation Analysis
In late 2024, VANRY broke a prolonged downtrend, reaching a peak of $0.17. It then retraced to the support level of $0.12. Analysts expect a progression towards the $0.25–$0.30 range, fueled by increasing investor interest.
Market Dynamics
According to crypto experts, the token’s breakout above a downtrend in November 2024 signals a structural shift in the market. Following this, VANRY advanced to $0.15, facing resistance in a marked supply zone. The pullback led to consolidation in the 'Buy Zone' between $0.08 and $0.10, indicating token accumulation.
Key Levels and Price Projection
Analysts agree on the need to maintain current support zones. A midterm rally to $0.25–$0.30 is projected with the potential growth from $0.12. The breakout above the downtrend demonstrates shifting market dynamics, and traders are advised to watch support at $0.12 and resistance around $0.15 closely.
VANRY's breakout from a downtrend creates conditions for potential recovery and long-term growth. Traders and investors are observing key support and resistance levels in anticipation of market shifts.