technical analysis and trade signal for the $VANA /USDT pair, with three target levels and a momentum outlook:

Current Price: $13.95

24h High: $16.225

24h Low: $13.875

Price Action: VANA has experienced a notable downtrend of -12.71% in the last 24 hours. This bearish movement suggests the market may be reacting to resistance levels or news, but also offers potential for a reversal or continuation, depending on how price interacts with support zones.

Key Support and Resistance Levels

Immediate Support: $13.875 (strong 24-hour low, key level to watch)

Resistance: $16.225 (recent 24-hour high, potential resistance zone)

Trade Signal & Target Levels 🎯

Buy Zone: Enter around $13.90 to $14.00 (Support test)

Target 1: $14.50 (First minor resistance, targeting a bounce)

Target 2: $15.00 (Mid-range resistance, if momentum continues upward)

Target 3: $16.00 (Major resistance level, significant for reversal or breakout)

Momentum Analysis

Short-Term Momentum: Bearish, given the drop of over 12% in 24 hours. However, the recent lower lows are creating a potential accumulation phase around $13.90 - $14.00.

Medium-Term Momentum: Neutral to slightly bearish, as price struggles to push above $15.00. If momentum reverses at these levels, consider closing positions and adjusting targets.

Long-Term Momentum: Depends on market sentiment, but if the price breaks above $16.00 and holds, bullish momentum may return, pushing the pair higher.

Trade Setup:

Entry: Buy near $13.90 to $14.00

Stop Loss: Below $13.60 (to protect against further downside)

Take Profits: $14.50, $15.00, $16.00

Caution: Watch for bearish continuation if price fails to hold above $13.875. If momentum weakens further, it may test lower support levels.

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