🚨$VANA /USDT Technical Analysis🎯

📊The $VANA /USDT pair is currently trading at $17.926, down 11.84% in the past 24 hours. The 24-hour trading volume is 189.87 million USDT.

💹Technical Outlook:

The price has been consolidating in a range between $15.327 and $20.913. The 50-day moving average is currently at $18.60, providing some support to the price. However, the 200-day moving average is at $19.40, indicating a bearish trend.

Trading Strategy:

📈 Long Entry: Enter a long position at $17.50, with a 🛑stop-loss at $16.50 and a 🎯take-profit at $19.00.

📉 Short Entry: Enter a short position at $18.50, with a 🛑stop-loss at $19.50 and a 🎯take-profit at $17.00.

🎲Risk Management:

It is important to manage your risk by using stop-loss orders and not risking more than 2% of your portfolio on any single trade.

⚠️Disclaimer: This is not financial advice and should not be taken as such. Please do your own research before making any investment decisions.

🔥Follow me for daily updates🔥

#MarketNewHype #BinanceAirdropsCATandPENGU #USUALSpotPrediction #BinanceAlpha #BTCNewATH