@Vanarchain $VANRY

VANRYUSDT Perpetual is currently trading around 0.007689, marking a daily decline of roughly 4.1 percent. On the 1-hour timeframe, price action remains under clear bearish pressure, with structure favoring sellers over the short term.

The chart shows a steady downtrend from the recent local high near 0.009124. Price continues to print lower highs and lower lows, confirming bearish momentum. All key moving averages are positioned above the current price, with MA(7) at 0.007727, MA(25) at 0.007841, and MA(99) near 0.008470. This alignment suggests that recovery attempts are facing strong dynamic resistance.

VANRY recently tested the 0.007579 area, which now acts as an immediate support zone. A short-term bounce is visible from this level, but volume remains moderate and does not yet indicate strong accumulation. Without a clear increase in buying pressure, upside moves may struggle to sustain.

On the resistance side, the 0.0079 to 0.0081 range stands out as a key zone, aligning with previous consolidation and the 25-period moving average. A reclaim above this area would be needed to shift short-term sentiment.

Overall, the current structure reflects consolidation at support after a prolonged decline. The next directional move will likely depend on whether buyers can defend the 0.0075 region or if sellers regain control and push price toward new short-term lows. #vanar