Market Overview for Vana/USDC (VANAUSDC) on 2026-01-03

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 3, 2026 4:00 am ET1min read
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Aime RobotAime Summary

- VANAUSDC tested $2.45 resistance after forming key support near $2.35, with overnight volume spiking during the rally.

- RSI overbought levels and MACD divergence signal fading bullish momentum, suggesting potential consolidation below $2.41.

- Price repeatedly failed to hold above $2.41, aligning with Fibonacci 61.8% resistance at $2.395 and 38.2% retest at $2.385.

- Weak follow-through buying after the $2.45 high indicates cautious sentiment, with 24-hour consolidation expected near $2.36–$2.37.

Summary
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VANAUSDC
forms key support near $2.35 and tests resistance at $2.45.
• Volume spikes late into the session with strong buying into the overnight highs.
• RSI and MACD indicate fading momentum on the upside with potential consolidation ahead.

Vana/USDC (VANAUSDC) opened at $2.359 on 2026-01-02 at 12:00 ET, traded to a high of $2.452 and a low of $2.352, closing at $2.360 as of 2026-01-03 at 12:00 ET. The 24-hour trading volume was 9,646.38, with a notional turnover of 22,926.92

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Structure & Formations

Price formed a key support level at $2.35–$2.36 after a sharp sell-off late in the session. A bullish engulfing pattern emerged briefly near $2.396, but it was followed by a bearish reversal into the next trading day. No decisive doji or strong reversal patterns emerged, though the price failed to hold above $2.41 multiple times, indicating resistance in that area.

Moving Averages and Trend Direction

On the 5-minute chart, the 20-period and 50-period moving averages were trending upward during the overnight session, but both flattened out as price approached $2.45 and subsequently sold off. On the daily chart, the 50, 100, and 200-period MAs show a flat to slightly bearish bias, with the price hovering around the 50-day MA at approximately $2.38.

Momentum and Overbought/Oversold Conditions

The 14-period RSI spiked into overbought territory above 70 near the $2.45 high, followed by a sharp drop below 50 as sellers took control. MACD lines showed a positive crossover during the overnight rally but diverged from price action after the high. This divergence suggests fading bullish momentum.

Volatility and Bollinger Bands

Bollinger Bands expanded significantly during the overnight rally, with price reaching the upper band near $2.45 before collapsing. The subsequent drop saw price fall within the lower half of the bands, indicating a contraction in volatility.

Volume and Turnover Dynamics

Volume spiked dramatically during the overnight session, especially around $2.41–$2.45, with a large volume bar of 433.81 at the top of the move. Turnover spiked in sync with volume, showing coordinated buying. However, the sharp sell-off that followed saw lower volume, hinting at profit-taking and lack of follow-through.

Fibonacci Retracements

Applying Fibonacci to the recent 5-minute swing from $2.35 to $2.45, the 61.8% level is at $2.395 and the 38.2% at $2.385. The price found resistance near the 61.8% level and retreated sharply below the 38.2% level in the subsequent session.

Price may consolidate near $2.36–$2.37 in the next 24 hours as short-term traders test support and gauge buyer interest. While the overnight rally showed strength, the lack of follow-through suggests caution ahead of any further upward moves.