$VANA Short Liquidation: $6.9178K Wiped Out at $17.89858 – Bulls Take Over!
A massive $6.9178K short liquidation at $17.89858 has caused a surge in VANA signaling a dominant shift in momentum as bulls reclaim control of the market.
The liquidation marks a crucial turning point, with traders now eyeing potential explosive upside.
Key Details:
Liquidation Amount: $6.9178K
Liquidation Price: $17.89858
Market Sentiment: Bulls are in control, with strong buying pressure taking over.
What’s Next?
For Bulls:
Watch for a breakout above $18.00. If $VANA holds above this level, a push to $18.50 and possibly $19.00 could follow.
Look for strong volume to confirm that the bullish momentum is sustainable.
For Bears:
Monitor $18.00 and $18.20 as key resistance zones. A rejection here could trigger a pullback to $17.60 or lower.
Watch for signs of exhaustion or overbought conditions before entering short positions.
Strategic Moves:
Long Entry: Enter above $18.00, targeting $18.50 and $19.00.
Short Entry: Consider shorting if VANA fails to break above $18.20 or shows signs of reversal.
Stop-Loss Recommendations:
For Longs: Place a stop-loss below $17.60 to limit risk in case of a pullback.
For Shorts: Set a stop-loss above $18.50 to protect against further bullish momentum.
$VANA is poised for more action—stay sharp and ready to capitalize on the next big move in this dynamic market!