šŸš€ $VANA /USDT: Technical Analysis & Price Targets šŸŽÆ

VANA has recently shown significant price movement, creating a buzz in the Layer 1 ecosystem. Let's dive into the technical aspects and identify three potential targets for traders:

Current Stats:

Price: $17.618

24h High: $20.480

24h Low: $17.180

Change: -11.64%

Key Observations:

1. Support Zone: $17.00 is acting as a strong support level. If maintained, we may see a reversal.

2. Resistance Levels: The immediate resistance is at $18.50, and breaking this can push the price higher.

3. Momentum Indicators: RSI is in the oversold region, suggesting a potential bullish rebound.

šŸŽÆ Targets:

1. Target 1: $18.50 ā€“ A short-term recovery level, ideal for scalpers.

2. Target 2: $19.80 ā€“ A key resistance zone; if broken, it signals strong bullish momentum.

3. Target 3: $21.50 ā€“ A breakout target, testing the previous swing high.

Conclusion:

VANA is at a critical juncture with potential for upward momentum. Monitor key levels and market trends. Remember, proper risk management is essential before making any trade!

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