$VANA /USDT Technical Analysis š
Target Achieved: $17.066
Current Price Action: VANA/USDT has shown an impressive gain of +11.48%, with strong upward momentum driving the price to $17.066. It is consolidating after reaching its 24-hour high at $18.390.
Next Potential Targets:
1. Immediate Resistance: $18.000
A key level to watch; breaking this could renew bullish momentum.
2. Mid-term Target: $18.500
Significant resistance based on historical price action; a breakout may confirm a strong uptrend.
3. Long-term Target: $20.000
A psychological round number that could act as a magnet for bullish sentiment.
Recommendation:
Secure partial profits near $17.066 to mitigate risk.
Adjust stop-loss to $16.500 for capital preservation.
For aggressive traders, hold positions for $18.000 and $18.500 targets.
Indicators to Watch:
RSI: Monitor for overbought conditions to gauge potential pullbacks.
Volume: Sustained high trading volume is crucial for further upward movement.
