$VANA /USDT Technical Analysis
Current Price: $16.524 (-8.27%)
24H Range: $15.659 - $18.072
Volume: 2.12M VANA
Key Insights:
$VANA /USDT is recovering from its 24H low near $15.65, with resistance forming around $17.00.
A breakout above $17.00 could trigger bullish momentum, while $15.50 remains critical support.
šÆ Targets:
1. Target 1: $17.00
Rationale: Immediate resistance level with potential for short-term gains.
Action: Consider partial profit-taking at this level.
2. Target 2: $17.50
Rationale: Key resistance level aligning with mid-term recovery momentum.
Action: Hold positions if price sustains above $17.00.
3. Target 3: $18.00
Rationale: Significant breakout level and 24H high with bullish continuation potential.
Action: Full profit-taking is advised here.
š Strategy:
Stop Loss: Place below $15.50 to minimize downside risk.
Indicators to Watch: Monitor RSI for recovery signals and volume for confirmation of a breakout above $17.00.
