Summary
• Price opened at $2.644 and closed at $2.672, forming a bullish continuation.
• A key breakout occurred above the 2.665 level with strong volume confirmation.
• RSI indicates moderate momentum, not yet overbought, suggesting further upside potential.
• Volatility expanded through the session with Bollinger Bands widening after 18:00 ET.
Vana/USDC (VANAUSDC) opened at $2.644 on 2025-12-24 12:00 ET, peaked at $2.672, and closed at $2.672 on 2025-12-25 12:00 ET, with a 24-hour volume of 1,076.34 and turnover of approximately $2,853.89.
Structure & Formations
Price action displayed a strong bullish bias through the day, with a key breakout above the 2.665 resistance level. A 5-minute engulfing pattern at 20:45 ET confirmed the bullish shift, while a bearish reversal signal appeared briefly at 23:30 ET, failing to hold. Key support levels held at 2.655 and 2.644, with no meaningful bearish candlestick formations during the session.
Moving Averages
On the 5-minute chart, the 20-period MA crossed above the 50-period MA during the breakout phase, suggesting strong short-term bullish momentum. Daily moving averages (50, 100, and 200) remain in a constructive alignment, with price holding above the 200-day MA.
Momentum Indicators
MACD showed a positive divergence in the afternoon, with the histogram expanding after 18:00 ET. RSI trended upward but remained within moderate territory (58–65), indicating healthy momentum without overbought conditions.
Volatility and Bollinger Bands
Volatility expanded significantly after 18:00 ET, with Bollinger Bands widening from a narrow contraction earlier in the day. Price closed near the upper band at 2.672, suggesting continued bullish pressure unless a significant pullback forms.
Volume and Turnover
Volume surged during the key breakout at 20:00 ET and again at 00:15 ET, confirming the bullish bias. Turnover increased in tandem with volume, showing no divergence.
Fibonacci Retracements
Recent 5-minute swings aligned with Fibonacci levels at 2.664 (38.2%) and 2.672 (61.8%), reinforcing the validity of the breakout. Daily retracement levels also supported the continued upward bias.
Looking ahead, Vana/USDC appears to have cleared a key resistance and is testing the upper Bollinger Band. Traders should watch for consolidation near 2.672 or a potential pullback toward 2.655. As always, sudden volume spikes or regulatory updates could alter the trajectory within 24 hours.
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