$VANA

Current Market Analysis – VANA/USDT

The market has shown interesting movements in the last few hours. The asset reached a recent high of 22,817, but has been undergoing a significant correction, approaching critical support levels.

📉 Support Zones:

• 18,400 (Fibonacci 0.786): Important region that is being tested. If respected, it may indicate a reversal point.

• 17,400: Next significant support in case of loss of the current region.

📈 Resistances on the Way:

• 19,100 (Fibonacci 0.618): Immediate resistance, which needs to be broken to strengthen the upward movement.

• 20,900 (Fibonacci 0.5): Intermediate resistance to be observed.

• 22,817 (High): Main zone to be overcome to resume the uptrend.

🔍 Possible Scenarios:

1. Reversal at Support (18,400): A reaction from buyers could take the price back to the resistances of 19,100 and 20,900.

2. Loss of Support (18,400): If the current support does not hold, the next target will be at 17,400.

3. Breakout to the upside: If the price breaks 19,100 with strength and volume, it could open the way for new targets, targeting 20,900 and the high at 22,817.

⚠️ This is a time for caution, as the asset is in a critical decision zone. Always use risk management strategies, such as Stops, to protect your trade.

What is your vision for the next movements of VANA/USDT? Let's follow together! 🚀