$VANA /USDT: Technical Analysis & Potential Targets 🎯🚀🚀🚀🚀🚀
Current Price: $18.25 (+2.94%)
24h High/Low: $22.22 / $16.878
Trading Volume: 7.51M VANA ($144.15M USDT)
Technical Overview:
VANA has been showing strong recovery, bouncing from its recent low of $16.878. The price action is forming higher highs and higher lows on the 4-hour chart, indicating a bullish trend.
Key Resistance & Targets 🎯
1️⃣ $20.50: Immediate resistance zone; a break above could confirm continued upward momentum.
2️⃣ $22.20: Major resistance level from the 24h high; clearing this could lead to a strong rally.
3️⃣ $25.00: Psychological and technical target; achieving this could signal a long-term bullish breakout.
Support Levels:
$17.00: Critical support to watch if the price retraces.
$16.50: Strong buying zone to prevent further downside.
Trading Tip: Monitor the volume and RSI; a surge in volume or RSI crossing above 70 could indicate a breakout toward the targets.
What’s Next?
VANA is part of a new Layer 1 ecosystem, drawing attention with its potential scalability. Stay updated for major announcements, as they could influence the price action.
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