🚨 $VANA /USDT Sliding Near Key Support – Reversal or Breakdown? 🚨

VANA is currently trading at $17.943, down 2.83% over the last 24 hours. With a daily high of $20.500 and a low of $17.928, the coin is at a critical juncture, testing its key support levels amidst declining momentum.

Key Levels to Watch:

Targets:

1. First Target: $19.50 – A recovery to this level could signify initial bullish momentum.

2. Second Target: $21.00 – Breaking this resistance could reignite upward trends.

3. Third Target: $23.15 – The previous high and a major resistance zone.

Support:

$17.90 – Holding this level is essential to prevent a bearish continuation.

Analysis:

With significant daily trading volume at $62.18M, $VANA's price action indicates heightened volatility. Traders should look for a confirmed bounce at $17.90 to signal a recovery. However, a breakdown below this support could lead to extended declines.

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$VANA