Summary
•
found key support near $2.737, rebounding with a bearish reversal candle.
• Momentum cooled mid-day with RSI hovering near 50, suggesting neutral sentiment.
• Volatility spiked overnight, with Bollinger Bands widening after a consolidation phase.
• Heavy buying pressure occurred near $2.80, but failed to push beyond the 2.839 high.
• Volume surged during the overnight rally but trailed off post-04:30 ET.
Vana/USDC (VANAUSDC) opened at $2.778 on 2025-12-20 at 12:00 ET, reaching a high of $2.839 and a low of $2.734 before closing at $2.757 on 2025-12-21 at 12:00 ET. Total volume was 6,593.50, with notional turnover estimated at ~$17,795.
Structure & Formations
Price tested support at $2.737 twice, forming a potential bullish reversal pattern. A bearish engulfing candle appeared at 12:00 ET − 1, indicating short-term selling pressure. A key resistance level was seen at $2.80, where volume spiked but failed to break the prior high of $2.839.
Volatility and Momentum
Bollinger Bands widened overnight following a consolidation phase below $2.78. RSI fluctuated between 50 and 57, reflecting a neutral to slightly bullish bias but no strong momentum. MACD showed a bullish crossover in the early morning but flattened later, signaling mixed signals ahead.
Volume and Turnover
Volume surged overnight, with a spike of 1,271.85
at $2.80, indicating strong buying interest. However, turnover failed to confirm this with a large decline after 04:30 ET, suggesting exhaustion in buying pressure. Divergence between volume and price hints at potential reversal risk.
Volatility and Fibonacci Levels
Key Fibonacci retracement levels from the recent $2.734 low to $2.839 high include 38.2% at $2.78 and 61.8% at $2.75. Price appears to be stabilizing near the 61.8% level, suggesting potential consolidation or a short-term correction.
VANAUSDC may test the $2.78 resistance zone in the next 24 hours, with a potential pullback to $2.737 if bears regain control. Investors should watch for a break above $2.80 as a bullish signal, but be cautious of divergence in volume and RSI if a correction is in play.
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