🤯The $VANA /USDT pair is maintaining high volatility, offering opportunities for both long and short trades. With the current price near its lows, traders can prepare for strategic entries based on breakout or rejection scenarios.
📈 Key Market Data:
• Current Price: $17.527
• 24H High: $20.913
• 24H Low: $15.327
• Recent High: $35.800
🎯 Trade Strategy:
🔵 Long Trade Setup:
• Entry: Near $17.527 (current price).
• Targets:
🎯 Target 1: $20.913
🎯 Target 2: $29.317
🎯 Target 3: $35.800
• Stop-Loss: Below $15.327 to protect capital.
🔴 Short Trade Setup:
• Entry: If price faces rejection near $20.913.
• Targets:
🎯 Target 1: $17.000
🎯 Target 2: $15.327
🎯 Target 3: $14.303
• Stop-Loss: Above $21.810 to avoid unexpected reversals.
🔍 Insights:
• Breakout Alert: A move above $20.913 could ignite bullish momentum, aiming for higher resistance levels.
• Rejection Scenario: If resistance holds at $20.913, prepare for short opportunities targeting support zones.
• Utilize trailing stop-losses to secure profits amidst potential volatility spikes.
Trade cautiously and adapt to market dynamics. 🚀
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