VANRY has transitioned out of a prolonged downtrend and may be in the early stages of a sustainable uptrend as per market analyst Rekt Capital.
The breakout from the downtrend channel indicates a technical shift with signs of sideways consolidation, suggesting a re-accumulation range within a broader bullish structure.
Key objectives for VANRY include holding the blue area as support, achieving a weekly close above $0.04, and rallying to the green region to end the recent downside deviation.
The transition from downtrend to sideways consolidation implies growing bullish potential for VANRY, depending on respecting and reclaiming key levels.