$VANA /USDT: High Momentum Trade Signal
1. Entry Point: $20.80 (confirmation above key resistance level)
2. Take Profit Targets:
TP1: $21.50
TP2: $22.50
TP3: $23.20
3. Stop Loss: $19.80
4. Technical Insight: $VANA /USDT is showing a bullish retracement pattern. A breakout above $20.80 suggests a continuation of the upward trend.
5. Risk-Reward Ratio: Ideal setup with a 1:3 risk-reward ratio for efficient capital management.
6. Trend Outlook: Positive price momentum supported by increased buyer interest on recent pullbacks.
7. Volume Confirmation: Look for high volume spikes above $20.80 to validate the breakout strength.
8. Trailing Stop Suggestion: Move SL to $20.80 after hitting TP1 to lock in gains.
9. Timeframe: Best suited for intraday and swing traders aiming to capitalize on strong volatility.
10. Reminder: Practice disciplined risk management and secure partial profits at each target.