๐ $VANA /USDT Technical Analysis ๐ฏ
Current Price: $16.66 (-2.72%)
VANA is trading within a volatile range, showing significant price movements that could offer lucrative trading opportunities. Here's what the charts suggest:
Key Levels to Watch ๐
๐ฏ Target 1: $17.20
A minor resistance level that aligns with recent intraday highs.
Breaking this level may attract fresh buyers.
๐ฏ Target 2: $18.50
This marks the previous swing high.
Reaching here could indicate bullish strength and trend reversal.
๐ฏ Target 3: $20.00
Psychological resistance and a key pivot level.
A breach here might trigger a strong upward rally.
Support Levels ๐ก๏ธ
$15.50: Immediate support to prevent further downside.
$14.60: The 24h low, crucial for maintaining price stability.
๐ Trading Strategy
For Bulls: Watch for a breakout above $17.20 with strong volume.
For Bears: A break below $15.50 could lead to a further decline toward $14.60.