$VANA
/USDT: Downturn Momentum Continue š„ š šÆ
Technical Snapshot:
Current Price: 16.753 (down 1.17% in 24h)
24h High: 17.719
24h Low: 16.722
Volume: 1.74M VANA, 29.99M USDT
Trend: The price has decreased by 1.23% on the 30-minute chart, indicating a mild correction after a slight dip.
Support & Resistance:
Support: 16.722 (24h low), 16.50 (psychological level)
Resistance: 17.719 (24h high), 17.80 (round resistance level)
Trade Strategy:
1. Bullish Entry:
Trigger: If the price breaks above 17.80
Targets: šÆ18.00 | šÆ18.50 | šÆ19.00
Stop Loss: 16.50 (key support)
2. Bearish Entry:
Trigger: If the price drops below 16.50
Targets: šÆ16.00 | šÆ15.50 | šÆ15.00
Stop Loss: 17.80 (resistance zone)
Conclusion:
Bullish Outlook: A break above 17.80 could indicate further upside potential.
Bearish Outlook: A drop below 16.50 could signal a continuation of the downtrend.
Keep a close watch on key support and resistance levels for optimal entry points!
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