$VANA Long Liquidation: $3.6983K at $22.5119
$VANA/USDT is facing a sharp downturn, falling -6.5% to $21.05, triggering a long liquidation of $3.6983K at $22.5119. Bulls who were riding the uptrend are now being squeezed as the price quickly reverses, wiping out long positions that were hoping for further gains. After briefly reaching $23.00, the market encountered strong resistance, sending the price tumbling lower.
With liquidations adding pressure, the bears are gaining control, and $VANA could be testing the next support level at $20.00. If that level doesn’t hold, a deeper retracement to $18.50 could be on the cards.
The volatility is spiking, and momentum is shifting toward the bears. Will the bulls manage to recover, or is the bearish trend set to continue?
