📊 $VANA /USDT Technical Analysis - Bullish Momentum Holding Strong 📊

Current Price: $18.11 (+1.59%)

24h High: $18.69

24h Low: $17.42

$VANA /USDT has experienced a 1.59% gain in the last 24 hours, currently trading at $18.11, reflecting steady upward movement. The price has tested a 24-hour high of $18.69, showcasing strong bullish pressure.

Key Levels to Watch:

Support Levels:

$17.42

$17.31

Resistance Levels:

$18.69

$20.44

Volume Analysis:

24h VANA Volume: 1.42M

24h USDT Volume: 25.49M

The VANA volume is relatively low compared to the volume in USDT, indicating some consolidation before any potential breakout.

Depth Analysis:

Bid Depth: Support is found around $17.31, with bids slightly above $17.42.

Sell Depth: Resistance lies at $18.69, followed by $20.44, with significant sell orders at higher levels.

Short-Term Outlook:

Bullish Continuation: The price is maintaining an upward trend with support at $17.42. If this level holds, the price could continue its climb towards the $18.69 resistance.

Breakout Potential: A breakout above $18.69 could lead to further gains, with the next major resistance at $20.44.

Conclusion: VANA/USDT is showing positive price movement, with solid support and resistance levels. Traders may look to enter near $17.42 for a potential rise toward $18.69 and beyond.

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