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Summary
• Price consolidated between $0.0092 and $0.0097 on 5-minute chart with no clear direction.
• Volume spiked mid-day but failed to trigger meaningful trend reversal.
• RSI neutral near 50; MACD flat, suggesting low momentum.
• Bollinger Bands narrow in late session, signaling potential volatility expansion.
• Fibonacci retracement suggests $0.0093 as key 61.8% support from recent high.
Vanar Chain/USDC (VANRYUSDC) opened at $0.0096 on December 13, 12:00 ET, reached a high of $0.0097, a low of $0.0092, and closed at $0.0093 as of December 14, 12:00 ET. Total volume over the 24-hour window was 6,732,218.5 units, while notional turnover amounted to approximately $60,608.
Price action remained tightly confined between $0.0092 and $0.0097, with no decisive breakouts observed. A bearish correction emerged after 6:00 AM ET, pulling price toward $0.0093, followed by consolidation. A potential bullish engulfing pattern appeared in the final hours, but failed to close above $0.0094. Key support levels were identified near $0.0093 and $0.0092, with resistance at $0.0095 and $0.0096.
Relative Strength Index (RSI) hovered around 50, indicating neutral momentum with neither overbought nor oversold conditions. The MACD remained flat near the zero line, suggesting traders are awaiting a clear directional signal. Bollinger Bands tightened in the late session, hinting at a potential breakout or breakdown in the near term.
Volume spiked sharply at 7:30 PM ET (Dec 13) with 924,622 units traded, but failed to produce a meaningful upward move. The largest single 5-minute turnover occurred at 12:00 PM ET, when 200,000 units traded at $0.0092. Price and turnover aligned during the late-morning and early-afternoon hours, suggesting conviction in the move lower.
Volatility remained subdued for most of the session, with a minor contraction observed late in the day.

Over the next 24 hours, traders may watch for a potential breakout from the consolidation range. A sustained move above $0.0095 could reinvigorate bullish sentiment, but risks persist if volume fails to confirm the move. Investors are advised to remain cautious as the market appears in a state of equilibrium.
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