ππ»ββοΈ VANAUSDT has exploded over 50% today! Bulls are driving the price higher, but RSI is now overbought. This setup is a momentum tradeβcan it push even higher, or is a pullback near?
πΉ Trade Setup:
β
Entry Price: $8.667
β
Take Profit: $9.703
β
Stop Loss: $7.648
β
Leverage: 20x
π Market Insights:
πΉ RSI at 74.02 β Overbought zone, which could mean a short-term pullback.
πΉ Strong Uptrend β Bulls have full control, breaking previous resistance levels.
πΉ Volume Surge β A high buying volume signals strong momentum, but profit-taking could happen soon.
π Potential Profits & Risks (20x Leverage):
β Take Profit Hit ($9.703):
- Price Increase: 11.96%
- 20x Leverage Gain: +239.2% π
β Stop Loss Hit ($7.648):
- Price Drop: 11.75%
- 20x Leverage Loss: -235% β
π§ Whatβs Next?
β‘ Bullish Scenario: If price holds above $9.00, we could see a breakout toward $10+.
β Bearish Scenario: If bulls lose strength, a pullback toward $8.00 – $7.64 is possible before another move up.
π’ Will VANA keep flying, or is a correction incoming? Drop your thoughts below! ππ₯