A move above this level could indicate a potential reversal from the recent sell-off. Volume confirmation is crucial.
2️⃣ Mid-Term Target: $17.000
A critical resistance zone that aligns with previous support. Breaking this could shift momentum in favor of buyers.
3️⃣ Long-Term Target: $18.000
This level matches the 24-hour high and serves as a psychological barrier. Achieving this would indicate strong bullish recovery.
Technical Highlights:
Support Zone: $15.650 (24H Low)
Trend: Bearish, but showing early signs of consolidation at the lower support range.
Volume: Moderate activity, with 2.10M VANA traded in the past 24 hours.
Pro Tip: Set stop-loss orders below the $15.650 support to manage downside risk. Take partial profits at each target level, and trail stop-losses to maximize gains as the price recovers.
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