VANRY / TetherUSLong
VANRY
Vanry/USDT - Technical Analysis
In this 3-day chart, a descending trendline breakout has been identified, signaling a potential shift to a bullish trend. Key highlights of the analysis are as follows:
Support Zone: Around $0.0613 and the highlighted red area serve as strong support, with the price consistently respecting this level in the past.
Resistance Zone: $0.13 has been broken and is expected to act as a new support level.
Projected Movement: As shown by the white lines, a gradual move toward higher levels above $0.20 is anticipated in the mid-term.
RSI Indicator: Currently at 53.96, indicating room for further upward movement without entering overbought territory.
In this 3-day chart, a descending trendline breakout has been identified, signaling a potential shift to a bullish trend. Key highlights of the analysis are as follows:
Support Zone: Around $0.0613 and the highlighted red area serve as strong support, with the price consistently respecting this level in the past.
Resistance Zone: $0.13 has been broken and is expected to act as a new support level.
Projected Movement: As shown by the white lines, a gradual move toward higher levels above $0.20 is anticipated in the mid-term.
RSI Indicator: Currently at 53.96, indicating room for further upward movement without entering overbought territory.
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