๐Ÿ“‰ $VANA /USDT Short Alert โ€“ Overbought & Losing Momentum!

$VANA

๐Ÿ“‰ $VANA /USDT Short Analysis โ€“ Binance (15m Timeframe) ๐Ÿ“‰

๐Ÿ”ป Current Price: $8.768 (-Potential Reversal Signal)

๐Ÿ“‰ RSI: 77.6 (Overbought โ€“ Possible Pullback)

๐Ÿ“Š SAR: 7.919 (Bullish, but nearing key resistance)

๐Ÿ’ฐ 24H High: $9.510 | 24H Low: $8.040

โš ๏ธ Bearish Signals to Watch:

โŒ Overbought RSI: At 77.6, a correction is likely soon.

โŒ Resistance at $9.50: If price struggles to break, expect a drop.

โŒ Declining Bullish Volume: If buying pressure weakens, sellers may take control.

๐Ÿ“Œ Short Strategy:

๐Ÿ”น Entry Zone: $8.80 โ€“ $9.00 (Wait for rejection at resistance)

๐Ÿ”น Target 1: $8.23 (First support)

๐Ÿ”น Target 2: $7.80 (Stronger support)

๐Ÿ”น Stop Loss: Above $9.50 (In case of breakout)

๐Ÿšจ 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.

๐Ÿ“‰ Are you shorting VANA or waiting for more confirmation? Letโ€™s discuss!

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