$VANA /USDT - Technical Analysis
Current Price: $19.47 (+5.52%)
24h High: $20.295
24h Low: $18.076
Price Action: VANA has shown positive momentum, with a +5.52% gain in the last 24 hours. The price is currently holding near the $19.47 level, but there’s resistance near the recent 24-hour high of $20.295.
Support Levels:
First Support: $18.076 (recent low)
Second Support: $18.100 (buy order volume)
Resistance Levels:
First Resistance: $19.719 (depth level)
Second Resistance: $20.295 (24h high)
Trade Signal:
Bullish Momentum: Given the positive price change and the proximity of buy orders around $19.47, the price may see further upside if it breaks the resistance around $19.719 and $20.295.
Target Levels 🎯:
1. Target 1: $20.00 – Key resistance level, psychological round number.
2. Target 2: $20.50 – Breakout above the recent high.
3. Target 3: $21.00 – Extended target based on trend continuation.
Trade Momentum: Bullish with upward pressure, but watch for possible retracement towards the $19.00 zone for potential entry if the price retraces.
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