technical analysis and trade signal for $VANA /USDT based on the current data and market trends:

Current Price: 17.259 USDT

24h High: 17.272 USDT

24h Low: 16.305 USDT

Price Change (24h): +4.61%

Support Levels: 16.30 USDT (strong support at the lower end)

Resistance Levels: 17.30 USDT (testing the current resistance zone)

Key Indicators:

Price Momentum: Positive momentum is indicated with the price increasing by 4.61% in the last 24 hours. The trading volume is high, suggesting active interest in VANA.

Relative Strength Index (RSI): RSI is currently in a neutral zone. If the RSI approaches 70, it could indicate an overbought condition, suggesting a potential pullback.

MACD: The MACD is showing a bullish crossover, suggesting upward movement in the short term.

Trade Signal & Target Levels 🎯

Entry Point: Consider entering at 17.25 USDT for a bullish trade.

Target Levels:

Target 1: 17.80 USDT (First level of resistance where we might see a pause or slight retracement)

Target 2: 18.30 USDT (Second resistance level, further upside is possible if the momentum continues)

Target 3: 18.70 USDT (Ultimate target level if the bullish momentum breaks past previous resistance)

Stop Loss: 16.10 USDT (below the previous low, to minimize risk in case of a reversal)

Trade Momentum:

The momentum is positive with increasing volume and price action. However, keep an eye on price fluctuations near resistance levels. If price reaches or breaks through the resistance at 17.30 USDT, it could signal further upside potential.

If the price retraces, watch for support around the 16.30 USDT level, as it would be a potential entry point for those looking for a dip-buy strategy.

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