#VANA is moving inside a falling wedge pattern on the daily timeframe. It was recently rejected from the wedge resistance, partly due to BTC’s drop and the fact that VANA was in the overbought RSI zone. Consider buying VANA within the support zone ($5.327–$5.172) and near the $4.818 support level in case of a deeper dip. In case of a breakout above the wedge resistance, the targets are:
🎯 $6.287
🎯 $6.774
🎯 $7.803
🎯 $9.028
🎯 $10.253
🎯 $11.998
⚠️ Use a tight stop-loss and manage your risk wisely — the breakout could be explosive.
🎯 $6.287
🎯 $6.774
🎯 $7.803
🎯 $9.028
🎯 $10.253
🎯 $11.998
⚠️ Use a tight stop-loss and manage your risk wisely — the breakout could be explosive.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.