$VANA /USDT Technical Analysis
The $VANA coin has shown a sharp breakout, surging from 4.20 support to test a 24h high of 5.50 with strong volume. Current price is 5.22, slightly below resistance. The breakout candle indicates strong bullish momentum, but a retracement is possible after such a steep rally.
Support levels: 4.70 (near-term), 4.20 (major support).
Resistance levels: 5.50 (immediate), 5.80–6.00 (next bullish target).
Momentum: RSI likely near overbought, meaning risk of short-term pullback.
Best Trade Setup
Entry: Buy on retracement around 4.70–4.90 zone.
Target: 5.50 short term, 5.80–6.00 if bullish momentum continues.
Stop Loss: Below 4.20 to manage risk.
