$VANA Complete Trading Setup 🚨🚨🚨🚨


Key Observations:

1. Current Price: 21.151 USDT, with a daily gain of +10.54%.

2. 24h High/Low: 23.150 (High), 18.320 (Low).

3. Volume: 5.91M (VANA), 121.89M (USDT).

4. Notable Levels:

Resistance: 23.15 USDT (recent high).

Support: 18.32 USDT (24-hour low) and 19.02 USDT (recent swing low on the chart).

Analysis:

Support and Resistance Levels:

Resistance:

23.15 USDT: Price rejected this level, showing significant selling pressure.

25 USDT (psychological resistance): If 23.15 is broken, this could be the next target.

Support:

19.02 USDT: A strong support region where the price consolidated earlier.

18.32 USDT: The 24-hour low, critical to hold for bullish momentum.

Entry Points:

Short Position:

Entry: Near 23.15 USDT if resistance holds.

Target: 20.00 USDT (initial), then 19.02 USDT.

Stop Loss: Above 23.50 USDT to minimize losses if resistance breaks.

Long Position:

Entry: Around 19.02–19.50 USDT if price bounces off support.

Target: 22.00 USDT (initial), then 23.15 USDT.

Stop Loss: Below 18.30 USDT to avoid deep drawdowns.

Target and Stop-Loss Levels:

Short Term:

Target: 22.00–23.00 USDT for longs.

Stop Loss: 18.30 USDT for long positions.

Medium Term:

Upside potential if 23.15 is broken: 25.00 USDT.

Downside risk if 19.00 breaks: 17.50 USDT.

Market Insights:

1. Momentum: Price has shown a sharp increase but is facing resistance, suggesting possible consolidation or a pullback.

2. Trend Indicators:

Bullish Momentum: As long as the price stays above 19.00–19.50 USDT, the uptrend remains intact.

Bearish Divergence Risk: If price keeps rejecting 23.15, a reversal to test lower supports is likely.

3. Volume: A strong volume near the highs suggests active trading interest, but declining volume during pullbacks might indicate weak selling pressure.

#vana #Write2Earn #BinanceAlphaAlert #Crypto2025Trends

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