$VANA Long Liquidation: $7.5704K at $17.33353
VANA has just experienced a major liquidation of long positions worth $7.5704K at a price of $17.33353.
This could signal a potential shift in market sentiment.
Key Details:
Price at liquidation: $17.33353
Long liquidation: $7.5704K
Next Move:
Watch for a potential correction or consolidation as liquidations often lead to price fluctuations.
A possible short-term pullback could happen, but if the price stays stable, it might bounce back to higher levels.
Support & Resistance:
Support: $16.50 (This level may hold if the price drops further.)
Resistance: $18.50 (Watch this level for potential price rejection.)
Buy or Sell?
If the price bounces off the support level, consider buying.
If it struggles near the resistance, think about selling or waiting for a clearer direction.
Always be cautious and manage your risk.$VANA