$VANA Trade Summary: $VANA/USDT
Current Price Action:
$VANA has broken above $7.00 and touched $7.240, showing strong bullish momentum.
Trend: Uptrend with consistent higher highs and increasing volume.
โ Trade Setup
๐ฅ Entry Zone:
$7.05 โ $7.15
(Ideal entry on slight retracement or consolidation)
๐ฏ Targets:
TP1: $7.55 (short-term resistance)
TP2: $8.20 (next major resistance)
TP3: $10.00+ (mid-term, requires continued market strength)
๐ Stop Loss:
Below $6.70
(Protects against breakdown from current momentum)
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๐ Why This Setup Looks Promising
Momentum: Strong bullish candles and volume surge post $6.376 bounce
Trend Structure: Clean price action, higher highs and higher lows
Volume Confirmation: Rising volume supports breakout strength
Psychological Level: Holding above $7.00 is key for sustained bullish interest
โ ๏ธ Risk Management Tips
Do not FOMO โ Wait for confirmation or pullback before entering
Use a trailing stop โ Especially after breaching $7.24
Watch volume โ Decreasing volume near resistance could signal exhaustion