📉 $VANA Trading Strategy Update

🔎 Key Insight:

A long liquidation of $6.1152K at $17.14178 signals bearish pressure. Sellers have pushed the price lower, and the market may see continued downside unless bulls regain control.

📉 Next Move - Sell Zone, Target & Stop Loss

1️⃣ Sell Zone:

Enter a short position between $17.15 - $17.30, where resistance is expected after the liquidation.

2️⃣ Target Levels:

Target 1: $16.90 (initial support zone)

Target 2: $16.50 (key support level)

Target 3 (Stretch Goal): $16.00

3️⃣ Stop Loss:

Set a stop loss at $17.50 to protect against a sudden reversal.

💡 Strategy Insights:

Volume Confirmation: Monitor for increased selling volume near $17.15 to confirm bearish momentum.

Risk Management: Use controlled position sizing and avoid over-leveraging to manage risk.

Market Trends: Keep an eye on overall market conditions and any news that may impact $VANA ’s price movement.

🚨 Pro Tips for Success:

Patience for Entry: Wait for price rejection near $17.15 before entering a short trade.

Gradual Profit Booking: Lock in profits at $16.90 and $16.50 while holding some for the stretch target of $16.00.

Set Alerts: Use alerts for $17.15 and $16.90 to stay updated on price movements.

Stick to your plan, manage risks effectively, and let the market work in your favor. Confidence and discipline are your best tools in trading!

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