$VANA /USDT Trading Signal – Testing Support Levels with Breakout Potential!
Current Price: $17.231
24h Change: -4.24%
Entry Zone:
$17.100–$17.300
Targets:
1. $17.800 – Immediate resistance
2. $18.200 – Key breakout level
3. $18.500 – Extended target
Stop Loss:
$17.000
Market Observations:
$VANA /USDT has retraced by over 4% in the last 24 hours, finding support near $17.137. This level is critical for buyers to defend, with potential for a rebound toward $17.800. A successful breakout above $18.200 could open the door for further upside, targeting the extended level of $18.500.
Trading volume and sentiment will be key indicators to watch as the price tests these critical levels.
Trading Strategy:
Short-term traders: Look for signs of a rebound from $17.100 and take profits at each target level.
Mid-term traders: Hold positions for $18.500 while managing risk with a tight stop-loss strategy.
Key Support and Resistance Levels:
Support: $17.100
Resistance: $17.800