Do $VANA lost his grip? Here are recent progress of its breakout from downtrend.

I see #VANAUSDT showing signs of a reversal from that clear downtrend—my take matches the breakout through the descending trendline (white line) since June 6, with the current candle closing just below the EMA200 at 6.37, which I figured would be my first resistance.

The chart’s recent spike and pullback align with my support levels at 6.225–6.18 (yellow and green lines, plus EMA21/35/50 cluster) and 6.126–6.11 (blue line, swing low plus lower Bollinger Band), with that short ascending trendline from June 9–10 adding dynamic support—spot on!

Volume surged during the 6.35 spike but dropped after, fitting my exhaustion leg and pullback hunch, while the MACD’s green histogram widening and blue line above the orange signal line scream bullish momentum to me.

My take:

For my trade, I’ll wait for a re-test at 6.225–6.18 with a reversal candle and steady volume to go long, targeting 6.37–6.38 first, then 6.45–6.50, with a stop-loss below 6.12.

If it breaks down past 6.126, I’d expect a drop to 6.00–5.90 for a short scalp, or if it closes hourly below 6.225, I’ll ditch the long and watch for a bearish move.

For now, I think it’s 'feel' right for a pullback to 6.225–6.18— I’ll jump in once I see that support hold!