$VANA showing strong volatility after recent spike to $3.10, followed by a correction to current support near $2.80. Price is consolidating on the 4H chart — potential for next move soon.
Setup:
Entry: $2.78 – $2.85 (support zone)
Take-Profit (TP1): $3.05
Take-Profit (TP2): $3.28
Stop-Loss (SL): $2.65
Analysis:
VANA bounced off the $2.67 low, suggesting short-term buyers defending support. A breakout above $3.00 could trigger renewed bullish momentum toward $3.30+. However, failure to hold $2.70 risks further downside correction.
Risk Management:
Use 2–3% position size per trade; adjust SL dynamically once price closes above $3.05.
💡 Momentum watch: Bullish above $3.00 — bearish breakdown if $2.65 fails.
