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VANRY has been getting some attention lately. It experienced a 15-minute stagnation, but if you look at the 1-hour and 4-hour RSI, both have broken above 80, indicating an overbought condition. Even more outrageous is that the trading volume has shrunk by 99%, showing a clear divergence on the technical side — a situation where the price is rising but unable to move higher.
**Let me summarize the key levels:**
Currently stuck at the 0.01 level, which is a psychological resistance. The breakout points above are 0.0105 and 0.011, while the support levels below are 0.0096 and 0.009.
**My trading approach is as follows:**
If the price effectively breaks through 0.0105, I would consider going long, targeting 0.011, but with a stop-loss set at 0.0102. Conversely, if it falls below 0.0096, I would switch to a short position, looking at the 0.009 level, with a stop-loss at 0.0099. However, since the current price is around 0.01, I prefer to **wait and see**.
Why? The combination of overbought conditions and no volume is too risky. Instead of guessing the top or bottom, it's better to wait until the price actually moves. Better to miss out on a wave than to get trapped.