$VANA /USDT BEARISH TREND CONTINUES š
The $VANA/USDT pair is currently experiencing a bearish trend, with the price at $12.177, down by 5.17% in the last 24 hours. The 24-hour high is $13.013, and the 24-hour low is $12.026. The trading volume for VANA is 792,658.25, and for USDT, it is 9.96M.
Key Levels:
- Support Level: $12.026
- Resistance Level: $13.013
- Current Price: $12.177
Trade Setup:
- Short Entry: $12.177
- Take Profit (TP): $12.026
- Stop Loss (SL): $12.500
Market Outlook:
The market is showing a clear downtrend with lower highs and lower lows. The bearish momentum is strong, and the price is likely to test the support level at $12.026. If the support level breaks, we could see further downside movement.
Risk Management:
Always use a stop loss to protect your capital. Never risk more than 2% of your trading account on a single trade.
If you feel the analysis helpful, Like Share and comment the next pair you want to analyze! šš