Post for $VANA /USDT Technical Analysis
š $VANA /USDT Analysis Update:
Current Price: $18.779 (+10.07%)
24H Range: $16.724 - $20.295
30-Minute Chart Overview: VANA has shown strong bullish momentum, touching a high of $20.295 before retracing to $18.779. The current pullback suggests consolidation, potentially setting up for another upward move.
šÆ Targets:
1. First Target: $19.50 - Immediate resistance level. A breakout above this could confirm a continuation of the uptrend.
2. Second Target: $20.50 - Key psychological level and recent high, marking strong bullish sentiment if breached.
3. Third Target: $22.00 - Long-term bullish target, signaling a broader rally and sustained momentum.
š” Actionable Insights:
Secure partial profits near $19.50.
Adjust your stop-loss to $18.00 to protect gains and minimize risk.
Monitor volume spikes and RSI levels for indications of renewed bullish momentum above $19.50.
š Long-Term View: A sustained move above $20.50 could pave the way for a rally toward $22.00 or higher, reflecting increased buyer confidence.
