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Bearish
$VANA
I’m currently bearish on VANAUSDT for the follow
1. Consolidation Pattern:
The price is consolidating in a narrow range after a significant drop, signaling potential continuation of the downtrend.
2. Resistance Zone:
The price is facing strong resistance near 24.541, which it has failed to break, adding to the bearish outlook.
3. Target Levels:
Based on this analysis, I’ve set potential downside targets at 17.500, 12.500, and 8.357. These levels represent areas where further bearish momentum could take the price.
With this setup, unless the price breaks above the resistance zone, I anticipate a further decline.
#USUALSpotLaunch #MarketNewHype #ETHHits4KAgain #vana #VANAOpening
I’m currently bearish on VANAUSDT for the follow
1. Consolidation Pattern:
The price is consolidating in a narrow range after a significant drop, signaling potential continuation of the downtrend.
2. Resistance Zone:
The price is facing strong resistance near 24.541, which it has failed to break, adding to the bearish outlook.
3. Target Levels:
Based on this analysis, I’ve set potential downside targets at 17.500, 12.500, and 8.357. These levels represent areas where further bearish momentum could take the price.
With this setup, unless the price breaks above the resistance zone, I anticipate a further decline.
#USUALSpotLaunch #MarketNewHype #ETHHits4KAgain #vana #VANAOpening
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