VANA — Back to the $3.8 Base: Squeeze or Slip? 📉➡️📈

[theSignalyst]

VANAUSDT remains in a broad descending channel on the daily. After a sharp pop into the channel mid/upper band, price snapped back toward the $3.80 support zone.

This shelf is key . It aligns with multi-touch structure and the lower channel proximity—clean confluence for dip buyers. Hold $3.80 and I’ll look for a rotation toward $5.80; a breakout above the red channel would then expose $7.25 and, on momentum, $10.

Lose $3.80 on a daily close and I’ll step aside, expecting a sweep toward the channel floor before bulls try again .

What’s your move — buy the base at $3.80 with confirmation, or wait for a clean reclaim above $5.80?

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr