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$VANA 💯🤑💰🔥🔥🔥
/USDT Technical Analysis – 1 Hour Chart
The VANA/USDT pair has seen a slight dip of -0.30%, with the current price at 16.894. Despite this minor decrease, the market is showing potential for short-term support and resistance levels to guide price action.
Key Levels to Watch:
Resistance Levels: The immediate resistance lies at 20.500, followed by 20.000 and 19.500. A breakthrough above these levels could signal a bullish trend continuation.
Support Levels: On the downside, we are seeing strong support around 18.500, with further levels at 18.000 and 17.500. If the price dips below these points, the market might experience additional bearish pressure.
Outlook: As VANA/USDT hovers near 16.894, traders should monitor the potential bounce from the support zone around 16.500. A break below this level might lead to further declines toward 13.000. However, bullish momentum could resurface if the price pushes back above the 17.500 mark, aiming for higher resistance zones.
Next Steps: Keep a close watch on how the price reacts around the key support and resistance levels. The market’s behavior here will dictate the next significant move.