$VANA
/USDT Technical Analysis & Trade Signal
Trend Overview:
The price has shown bullish momentum with a recovery of +1.61%, trading within a broad range ($14.607–$17.859). The upward trend suggests the potential for further gains if volume sustains.
Technical Indicators
1. Moving Averages (MA):
Short-term MA indicates a bullish crossover.
2. Relative Strength Index (RSI):
RSI is hovering near 60, indicating moderate bullish momentum but not yet overbought.
3. Volume Analysis:
Increasing 24h volume supports the trend continuation.
Trade Signal:
Buy Zone: $15.80–$16.50
Stop-Loss (SL): $14.50
Target Levels 🎯:
1. Target 1 (T1): $17.20
2. Target 2 (T2): $18.50
3. Target 3 (T3): $20.00
Momentum
Bullish: Entry recommended near the support zone ($15.80–$16.50). If resistance at $17.20 is broken with high volume, expect strong upside potential.
Adjust targets based on market conditions and set trailing stop-loss for risk management.