Observations:

Current Price:

VANA is trading at 22.146 USDT, up +20.85% in the last 24 hours.

Parabolic SAR:

The yellow dots are below the price, indicating a bullish trend. This signals an upward momentum.

Volume:

There has been a noticeable spike in volume, suggesting increased buyer interest.

Moving Averages (MA):

MA(5): 74.797.45

MA(10): 76.650.86

The current price is above both moving averages, further confirming a bullish trend.

Support and Resistance:

Support: 20.303 (as indicated by the SAR).

Resistance: 22.152 (recent high).

Potential Future Moves:

The chart shows a continuation of the bullish trend. If the price breaks above the 22.152 resistance level, further upward movement is likely.

However, if the price falls below 20.303, it could signal a trend reversal.

What Can You Do?

Buying Suggestion:

If you want to buy, wait for the price to break above 22.152 with strong volume. This will confirm the bullish trend continuation.

Set a Stop-Loss:

To limit your risk, set a stop-loss around 20.303 in case the price starts falling.

Wait and Observe:

If the price does not break the resistance, it’s better to wait. Avoid making hasty decisions in a volatile market.

Let’s go gentlemen make some money and follow me