šØ $VANA/USDT Trading Signal šØ
Vana
$15.85
-8.26%
š” Signal Type: Short Position
š Timeframe: 4H Chart $VANA
š Key Levels to Watch:
Support: $15.00 ā A break below could accelerate the bearish trend.
Resistance: $16.50 ā Recovery above this level may invalidate the downtrend.
šÆ Trade Setup:
Entry Zone: $15.75 - $16.00
Take Profit Levels (TP):
1ļøā£ TP1: $15.00 (+5.4%)
2ļøā£ TP2: $14.00 (+11.7%)
Stop Loss (SL): $16.60 (-4.7%)
š Market Insight:
$VANA is experiencing downward momentum with an 8.26% drop. Selling pressure has increased near resistance at $16.50, and the price is approaching key support at $15.00. If support breaks, expect further downside to $14.00.
š” Strategy Recommendation:
Enter near resistance levels for an optimal short position.
Take partial profits at TP1 and hold for TP2 if the trend continues.
Monitor closely for any signs of a reversal, and stick to the stop-loss plan.
š¢ Pro Tip: Utilize proper risk management to protect your capital in this volatile setup.