🚨 $VANA /USDT: Consolidation at Key Levels – Breakout Expected! 🚨
VANA is trading at $16.629, down -5.31% in the last 24 hours after a high of $18.729 and a low of $16.101. The coin is consolidating after significant volatility, and the market is poised for its next big move.
Key Levels to Watch:
Support: $16.10 – A crucial level to maintain bullish interest.
Resistance: $18.72 – A breakout here could trigger a strong rally.
Trade Setup:
Entry Point: Around $16.62
Targets:
1. $17.80 (Short-term target)
2. $19.50 (Mid-term target)
3. $24.70 (Extended target)
Risk Management:
Stop-loss: $16.00 – To minimize downside exposure in case of a reversal.
Market Insight:
$VANA's current consolidation suggests that traders are waiting for a clear direction. A breakout above $18.72 could attract new buyers, pushing the price toward $24.70.
💡 Pro Tip: Watch volume closely; increasing buy volume near $18.72 can signal a strong upward breakout.
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