$VANA Skyrockets: $8.95K Short Liquidated at $19.38585!
The $VANA market just witnessed a $8.95K short liquidation, blasting through resistance at $19.38585 as bears were forced to retreat.
This liquidation signals a surge in bullish confidence and growing momentum for higher levels.
What Happened?
1. Bear Trap Triggered: Shorts were squeezed as VANA’s price surged, triggering stop-losses and liquidations in rapid succession.
2. Bullish Dominance: Buyers have taken control, showing strong conviction in pushing the price higher.
What’s Next?
1. Key Levels to Monitor:
Resistance: $20.50 — A breakout above this could set the stage for $22.
Support: $19.00 — Bulls need to hold this level to maintain upward momentum.
2. Strategic Moves:
Bullish Opportunities: Look for entries above $19.50, targeting $20.50 or higher with tight risk management.
Cautious Shorts: Avoid new shorts unless VANA drops below $19 decisively, confirming a reversal.
3. Market Sentiment: Track volume and news catalysts—rising interest could fuel further upward moves.
The VANA rally is heating up fast—this could be the start of an explosive breakout! Stay sharp and trade smart.
