$VANA /USDT Consolidation Phase
* Current Price: $18.044
* Entry Price: $18.044 (Current Price)
$VANA /USDT has been consolidating within a tight range for the past few candles. This suggests indecision among buyers and sellers. The price has been oscillating between $18.044 and $19.600.
Key Levels:
* Resistance: $19.600
* Support: $18.044
Trading Strategy:
Buy Signal:
* Wait for a decisive breakout above the $19.600 resistance level.
* Place a stop-loss order below the recent swing low.
* Set take-profit targets at $19.900, $20.200, and $20.500.
Caution:
* Traders should exercise caution as the market is currently in a consolidation phase.
* Monitor the price action closely for any signs of a breakout or breakdown.
* Avoid impulsive trades and stick to a well-defined trading plan
