Technical Analysis $VANA/USDT

#VANA/USDT is retreating within a corrective downtrend,

and is approaching critical support areas

at 14.291 and 12.261,

in line with the 0.618 Fibonacci level.

These levels represent potential recovery areas,

where buyers may step in to reverse the trend.

A confirmed bounce from the support may lead to a sharp recovery towards

the resistance level of 22.576 and higher levels,

supported by the bullish momentum indicated on the chart.

A stop loss below 12.261 reduces the risk.

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$VANA