$VANA Analyzing (Vanadium Crypto Token) with the details you provided, it seems there was a long liquidation of $1,660.7 at a price of $18.243. Here's a simplified breakdown:

Current Analysis of $VANA:

1. Liquidation Event: A significant long position was closed (liquidated) at $18.243.

This indicates that traders betting on the price to go higher were forced out of the market due to a drop in price.

This can cause short-term volatility, but also presents an opportunity for a new entry if the price stabilizes.

Buy Zone:

Range: $16.50 - $17.20

This is the support zone where price correction could stabilize and potentially bounce back.

Wait for confirmation of a reversal in this range before entering.

Targets:

1. Target 1: $19.50

Minor resistance level partial profit can be booked here.

2. Target 2: $21.00

Strong resistance zone ideal for booking full profits.

Stop-Loss:

Placement: $15.80

If the price falls below this, it may continue dropping. Exit the trade to avoid further losses.

Additional Notes:

1. Risk Management: Invest only 1-2% of your total capital to manage risks.

2. Market Sentiment: Monitor overall market trends, as liquidation events often depend on broader sentiment.

3. Volume Check: Look for high buying volume in the buy zone for strong confirmation of a reversal.

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