Is VANA ready for takeoff? Breakout confirmed!
After weeks of consolidation in a symmetrical triangle, VANA/USDT finally broke the bearish resistance on the daily chart. The price surpassed the confluence of short EMAs (7, 20, and 25), suggesting a possible short-term bullish trend shift.
What do we see?
Symmetrical triangle with a base at $4.388
Breakout to the upside with increased volume
Targets: $6.30 (EMA 50), $8.20 (EMA 99), and possible extension to $10
Suggested strategy:
Entry: Confirmation above $5.80
Stop Loss: Below $4.38
Take Profit: $6.30 / $8.20 / $10.00
The key now will be to see if the volume supports this breakout. If it does, VANA could be preparing for a significant move.
Act with risk management and do not chase the entry!
After weeks of consolidation in a symmetrical triangle, VANA/USDT finally broke the bearish resistance on the daily chart. The price surpassed the confluence of short EMAs (7, 20, and 25), suggesting a possible short-term bullish trend shift.
What do we see?
Symmetrical triangle with a base at $4.388
Breakout to the upside with increased volume
Targets: $6.30 (EMA 50), $8.20 (EMA 99), and possible extension to $10
Suggested strategy:
Entry: Confirmation above $5.80
Stop Loss: Below $4.38
Take Profit: $6.30 / $8.20 / $10.00
The key now will be to see if the volume supports this breakout. If it does, VANA could be preparing for a significant move.
Act with risk management and do not chase the entry!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
VANA
6.771
+0.03%
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