$VANA /USDT – Bearish Pressure or Reversal Opportunity? 📉
Entry Zone: $17.25 - $17.35
Targets:
1. $17.70
2. $18.00
3. $18.35
Stop Loss: $17.10
Market Insights
$VANA /USDT is currently under 11.25% downward pressure, testing key support levels at $17.25. Here's what to watch:
MA(7): $17.57, suggesting resistance for a short-term recovery.
MA(25): $17.87, key mid-range resistance to reclaim bullish momentum.
MA(99): $18.48, a critical point for trend reversal.
Current price action shows oversold conditions, potentially priming for a bounce back if buyers step in at the support zone.
Strategy Tip:
Track for a break above $17.50 for bullish confirmation. Manage risks with strict stop loss levels and secure partial profits as targets are achieved.
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