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$VANA /USDT Short Alert – Overbought & Losing Momentum!
$VANA 📉
$VANA /USDT Short Analysis – Binance (15m Timeframe) 📉
🔻 Current Price: $8.768 (-Potential Reversal Signal)
📉 RSI: 77.6 (Overbought – Possible Pullback)
📊 SAR: 7.919 (Bullish, but nearing key resistance)
💰 24H High: $9.510 | 24H Low: $8.040
⚠️ Bearish Signals to Watch:
❌ Overbought RSI: At 77.6, a correction is likely soon.
❌ Resistance at $9.50: If price struggles to break, expect a drop.
❌ Declining Bullish Volume: If buying pressure weakens, sellers may take control.
📌 Short Strategy:
🔹 Entry Zone: $8.80 – $9.00 (Wait for rejection at resistance)
🔹 Target 1: $8.23 (First support)
🔹 Target 2: $7.80 (Stronger support)
🔹 Stop Loss: Above $9.50 (In case of breakout)
🚨 Final Take:
VANA is overheated, making it a strong candidate for a short trade. If resistance holds, a pullback to $8.20 or lower is possible. Keep an eye on volume and RSI for confirmation.
📉 Are you shorting VANA or waiting for more confirmation? Let’s discuss!
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#bearishmomentum