March 24, 2026

VRA on track to break support level

VRA on track to break support level

VRA on track to break support level

VRA on track to break support level

Verasity / Tether KUCOIN:VRAUSDT
erikvod03


VRA on track to break support level

Support level:
Currently trading just above a strong support level .

Ichimoku cloud:
Vra is currently trading below a red cloud indicating only short positions should be taken. The conversion and base line is showing no sign of a swift change in momentum. The lagging span is still currently below the price indicating further bearish sentiment.

Bearish pennant:
Price had a sharp downtrend creating the flag pole of the pennant . Vra currently seems to be trading in a triangle which finishes off the pennant .

Macd:
Shows weak bullish sentiment as bulls fail to drive up price.

Swing trade analysis:
Entering a trade on the bullish side right now would be extremely risky do to recent high volume in selling. Personally, I would enter a trade short if there is a break in the bearish pennant to the downside past the support level ( entrance would be at support). A stop loss would be set at .025 to mitigate risk and loss if the trade happens to go the other way.

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