Binance Technical Analysis: VANA/USDT - January 5, 2025 🚀
The VANA/USDT pair has seen a +5.17% increase, currently trading at 18.216 USDT. As a Layer 1 / Layer project, VANA is showing promising growth with solid trading volumes. Let’s break down the key technical levels and price targets to watch.
Key Levels & Target Areas 🎯:
1. Target 1: 18.745 USDT (24h High)
The price has recently touched this high, and it represents the immediate resistance. If VANA can break through this level, we could see further upward momentum.
2. Target 2: 19.00 USDT (Psychological Resistance)
19.00 is a critical psychological resistance point. If VANA pushes past this level, the next key target will be around 20.00 USDT.
3. Target 3: 17.50 USDT (Support Zone)
On the downside, 17.50 is an important support zone. A potential retracement to this level would offer an opportunity for traders to re-enter the market if the price holds strong.
Moving Averages 📊:
MA(5): 138,401.08
MA(10): 82,916.60
Current Price Action:
Current Price: 18.216 USDT
24h High: 18.745 USDT
24h Low: 16.651 USDT
24h Volume (VANA): 1.79M
24h Volume (USDT): 31.39M
Happy trading! 📈📉 #BİNANCE #VANAUSDT #Crypto #TechnicalAnalysis #CryptoTrading
