š $VANA /USD: TESTING RESISTANCE ā WATCH FOR A BREAKOUT! ā”
The $VANA /USD pair is currently trading at $14.70, nearing a key resistance level. Traders should monitor this price action for a potential breakout or retracement.
š Trade Scenarios:
Entry Point: $14.70
Take Profit (TP) 1: $15.20
Take Profit (TP) 2: $15.70
Take Profit (TP 3): $16.20
Stop Loss (SL): $14.00
Support is at $14.00, while resistance is at $15.20. A breakout above $15.20 could pave the way for further upside toward $15.70 and $16.20. A drop below $14.00 could indicate a bearish retracement.
š Market Outlook:
VANA is showing signs of consolidation near resistance. A successful breakout above $15.20 may spark a bullish rally, while failure to break through could result in a pullback to test support at $14.00.
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