$VANA
The price is currently below the MA(25) and MA(99), indicating that the short-term trend is still below the medium and long-term moving averages, though it has shown improvement over the past 24 hours.
Price Change Metrics:Opening Price (24H): $19.585Closing Price (Latest): $19.756Price Amplitude: 1.25%
The price has fluctuated by 1.25% within the last 24 hours, suggesting moderate volatility. The price increase is a positive signal, but the volatility remains manageable.
Support and Resistance Levels:Immediate Support: $19.582 (24-hour low)Resistance:$19.826 (24-hour high)$20.180 (MA 25)
The support level at $19.582 held well during the past 24 hours, and $19.826 remains the immediate resistance. The price may test these levels in the coming hours.
Sell Orders:
Price: $20.000, Amount: 50.17K VANAPrice: $19.826, Amount: 81.40K VANA
Buy Orders:
Price: $19.582, Amount: 6.39K VANAPrice: $19.584, Amount: 6.01K VANA
The buy orders are concentrated around $19.582, indicating strong support at this level, while the sell orders near $20.000 show the potential resistance zone. The market is seeing balanced demand and supply at these levels.
Signal for VANA/USDT
Trend: Bullish
The market has shown some positive momentum with the price increase in the past 24 hours. While still under its medium-term moving averages, it shows signs of an upward shift.
Entry Point (For Long Positions):
Buy near $19.582 (24-hour low) if the price shows support at this level.Buy near $19.684 (MA 7) for a potential short-term breakout.
Stop Loss:
Below $19.582 to limit downside risk in case the price tests lower levels.
Take Profit Targets:
$19.826 (24-hour high)$20.180 (MA 25)
Short Signal:
If the price fails to break above $19.826 and starts declining further, consider shorting the market with a stop-loss above $20.000.#XmasCryptoMiracles #Write2Earn #XmasCryptoMiracles