$VANA /USDT LONG TRADE SETUP

🟩 Long Setup (Trend Continuation)

Entry Zone: 7.00 – 7.10 USDT (ideal pullback zone near support)

Stop-Loss: Below 6.669 USDT (under EMA and key support)

Take Profit Levels:

TP1: 7.80

TP2: 8.50

TP3: 9.00+

🧠 Overall Market Structure

Trend: Strong bullish uptrend confirmed by:

Higher highs (H) and higher lows (L)

Price breaking out above resistance

Price trading above both moving averages

Pattern: Classic ascending triangle breakout followed by a retest.

🧱 Support & Resistance Levels

LevelTypeNotes7.00 USDTKey SupportPrevious resistance, now flipped to support6.669 USDTStrong SupportAligned with 50 EMA (green line)5.5 USDTLong-term SupportBase of the ascending triangle7.53 USDTLocal ResistancePrice consolidating here now8.00+ USDTNext TargetIf breakout continues

📉 Indicators & Signals

Consecutive green candles with small/no lower wicks → strong bullish momentum

Latest candles show some wicks = potential minor pullback or consolidation

🟢 Moving Averages

Green MA (50 EMA) and Red MA (20 EMA):

Price is well above both, confirming strong momentum.

No crossover threats — bullish alignment intact.

📊 Volume (Implied by Breakout)

The breakout from the 7.00 resistance zone implies volume spike, even if not shown.

Sustained volume above this level will validate the move.

Risk-Reward: High if entered on a pullback

The green breakout zone is very strong, and unless the price falls below 6.66, bulls remain in control.

🧭 Suggested Strategy

If Already HoldingIf Looking to EnterHold above 7.00Wait for a pullback to 7.00–7.10 or breakout >7.55Trail stop-lossPlace SL below 6.66Target: 8.50+TP at 7.80, 8.50

Trade $VANA