$VANA
/USDT Technical Analysis & Trade Signal🔥💯
Current Price: $20.629
Trend: Bullish (+10.89% over the last 24 hours)
Technical Indicators
RSI (Relative Strength Index): Shows bullish momentum but could be approaching overbought territory (Watch for reversal near 70).
MACD (Moving Average Convergence Divergence): Positive cross above the signal line, indicating continuation of bullish momentum.
Support Level: $18.076 (24h low)
Resistance Level: $21.698 (24h high)
Trade Signal:
Buy Signal - Consider entering on a pullback to support near $20.00 for a safer entry point while riding bullish momentum.
Target Levels 🎯:
1. Target 1: $21.00 — Breaks the resistance level for the next resistance region.
2. Target 2: $21.70 — Near 24h high, potential resistance point for partial exit.
3. Target 3: $22.50 — If momentum continues, expect higher price action with a breakout.
Trade Momentum:
Bullish with increased buying volume, especially if price holds above $20.
Watch out for potential retracements as RSI approaches overbought conditions, adjust stop-loss accordingly.
Risk Management:
Place stop-loss near $19.00 (under support zone) to minimize losses.