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Summary
• VANAUSDC formed a bullish breakout above 2.66 with high volume in late evening trading.
• RSI surged to 68, suggesting rising momentum but not yet overbought.
• Bollinger Bands expanded after a contraction, reflecting renewed volatility.
• Key support held at 2.62, with a potential test expected at 2.60–2.62.
Vana/USDC (VANAUSDC) opened at 2.632 on 2025-12-17 12:00 ET, reached a high of 2.735, a low of 2.597, and closed at 2.602 on 2025-12-18 12:00 ET. Total 24-hour volume was 8,737.29, and turnover was approximately $22,825.
Structure & Formations
Price formed a bullish breakout above 2.66 on strong volume during the late evening session, followed by a consolidation phase near 2.70–2.735. A bearish reversal candle emerged around 2.693–2.606 in the early morning, suggesting potential near-term resistance at 2.71–2.72 and support at 2.60–2.62. A key 5-minute doji near 2.66 at 00:00 ET highlighted indecision in early trading.
Moving Averages and Momentum
Short-term 20-period and 50-period moving averages on the 5-minute chart were above the price for much of the day, reflecting bullish momentum early on.

Volatility and Volume
Bollinger Bands experienced a notable contraction around 2.65–2.665 before expanding during the breakout, signaling a shift in volatility. High volume and turnover spikes occurred between 19:30 and 22:30 ET, with a total of $1,300 in turnover in the 22:30 ET 5-minute bar alone. Volume declined significantly in the final 4 hours, indicating reduced conviction.
Fibonacci Retracements
On the 5-minute chart, key Fibonacci levels from the 2.62–2.735 swing were at 2.68 (38.2%) and 2.65 (61.8%), both of which acted as temporary levels of interest. On the daily chart, a major retracement at 2.64–2.66 may offer near-term support if the current bearish pressure continues.
VANAUSDC appears poised for a test of 2.60–2.62 in the next 24 hours. While short-term momentum remains positive, traders should monitor for a potential pullback or reversal if volume fails to confirm the breakout. Volatility and divergences may signal a shift in sentiment.
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