Vana/USDC Market Overview: 24-Hour Technical Summary and Forward Outlook

• Vana/USDC traded in a 24-hour range of $2.64–$2.725, closing at $2.711 after forming multiple bullish reversals.
• Price found key support around $2.64–2.65, consolidating briefly before a sharp rebound driven by volume.
• MACD divergence and RSI overbought levels suggest potential near-term reversal risk as momentum peaks.
• Volatility expanded mid-session, with Bollinger Bands reflecting higher price dispersion and active trading.
• A bullish engulfing pattern formed late in the session, hinting at short-term continuation potential.

Vana/USDC (VANAUSDC) opened at $2.64 on October 25, 2025, at 12:00 ET, and closed at $2.711 by 12:00 ET on October 26. The pair reached a high of $2.725 and a low of $2.64 within the 24-hour period. Total trading volume was 4,343.14 with a notional turnover of approximately $11,629.63. The price action shows a clear consolidation phase followed by a late bullish breakout.

The 15-minute chart reveals a series of key support and resistance clusters. A critical support level was identified around $2.64–$2.65, where the price paused and reversed multiple times. A notable bullish engulfing pattern formed near the end of the session, suggesting potential for further upward movement. Additionally, doji candles and tight ranges during midday indicate periods of indecision and balance between buyers and sellers.

The 20-period and 50-period moving averages (15-minute chart) remained closely aligned, with the price frequently testing the 20-period line as a dynamic support. On the daily chart, the 50-period and 200-period moving averages are separating, with the 50-period crossing above the 200-period, a potential bullish signal. The 100-period MA is still below the 200-period, indicating that the trend is not yet fully aligned on longer timeframes.

MACD (12,26,9) on the 15-minute chart showed a positive crossover in the final hours of the session, suggesting increasing momentum in the bullish direction. However, RSI (14) has entered overbought territory around 70, indicating that the rally may be running out of steam. Bollinger Bands reflect an expansion in volatility, with the price frequently testing the upper band in the final hours, suggesting a high probability of a mean reversion or consolidation phase ahead.

A Fibonacci retracement applied to the most recent swing high ($2.725) and swing low ($2.64) shows 38.2% and 61.8% retracement levels at $2.696 and $2.674, respectively. The price has already tested the 38.2% level and may face resistance as it approaches the 61.8% level. These retracements offer potential entry and exit points for traders looking to position for a continuation or reversal.

Looking forward, the price may test the $2.715–$2.725 range in the coming 24 hours, especially if bullish momentum holds. However, a pullback to the $2.674–$2.696 zone could signal renewed uncertainty, and traders should remain cautious about overbought RSI and diverging momentum.

Backtest Hypothesis
I attempted to retrieve the “Bullish Engulfing” signal dates for the pair “VANAUSDC”, but the data-service returned an error indicating it could not locate that asset symbol. This usually means the exact ticker / symbol format I supplied isn’t available in the database. Crypto pairs, in particular, often need an exchange code (for example, BINANCE:VANAUSDC) or a slightly different symbol (e.g., “VANA/USDC”, “VANAUSDT”, etc.). To move forward, could you please let me know one of the following:

1. The exact symbol (including exchange prefix if required) that you want analysed, e.g. “BINANCE:VANAUSDC” or another venue/ticker you have in mind.
2. If you already have the list of Bullish Engulfing signal dates, you can paste them here and I can proceed directly to the back-test.
3. If you prefer, I can show you how to generate the Bullish Engulfing dates from historical OHLC data you might have.

Once we clarify the correct symbol or obtain the signal dates, I’ll run the back-test (buy at next day’s open, hold 1 day, 2022-01-01 to today) and present the performance results.