TF: 12 Hr
Couple different scenarios for VARA/USD:
1. Price is testing a previous volume area from the last bullish wave to the upside + 0.618 retracement area of that upside move.
2. If price fails here a move to ~$0.064 may occur. Price will need to likely hold this area for continued upside. This area is the previous bullish moves POC + 0.786 retracement level
Couple different scenarios for VARA/USD:
1. Price is testing a previous volume area from the last bullish wave to the upside + 0.618 retracement area of that upside move.
2. If price fails here a move to ~$0.064 may occur. Price will need to likely hold this area for continued upside. This area is the previous bullish moves POC + 0.786 retracement level