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$VANRY$ has experienced a sharp decline of -16.61% with increased volume at high levels, indicating a clear technical weakness in the market. This is not just a simple price decline but is accompanied by a high open interest of 229M and an increase of 19.06M in volume, signaling typical long liquidation or institutional dumping.
From the market structure perspective, key psychological levels have been effectively broken, and buying support is noticeably lacking. Any short-term rebounds appear weak and are ultimately absorbed by the market. This trend points to one direction: the bears will continue to push lower.
👉 Trading strategy reference:
• Short-selling direction
• Entry range: 0.0090 - 0.0092
• Stop-loss: 0.0096 (strictly enforced)
• First target: 0.0082
• Second target: 0.0075
The current structural downtrend continues, awaiting the price to move into the next lower liquidity zone. Volume expansion accompanied by price decline is the strongest proof of seller dominance, and market sentiment has already shifted. Close attention should be paid to whether the support is effectively broken or if a false rebound occurs.
The bears are really aggressive this time, but I'm still waiting for a false rebound to trap them.
Can 0.0082 really be reached? It's a bit uncertain.
Is it institutions dumping again? I bet five USDC this is a trap to lure short sellers.
0.0082? Dreaming. There's no liquidity.
This kind of market is the easiest to get liquidated. I advise everyone not to follow the trend and go short blindly.
VANRY is quite aggressive this time; wait for it to drop to 0.008 before buying in.
Something's off; this rebound is too weak... the bears are probably about to get a big meal.
A 16-point drop straight down, there's more to the story later.
Once the psychological barrier is broken, don't expect a rebound; admitting defeat is the easiest option.