Summary
•
broke above 2.50 on high volume, forming bullish continuation patterns post-early morning consolidation.
• RSI climbed into overbought territory, suggesting possible short-term profit-taking despite strong volume confirmation.
• Bollinger Bands widened after a tight pre-market range, indicating rising volatility and potential for extended range trading.
• Price held above key support at 2.47–2.48, with no bearish reversal signs despite late-night sell-offs.
• Fibonacci retracements show 2.53–2.54 as a possible near-term resistance cluster from the 2.608 high.
Vana/USDC (VANAUSDC) opened at 2.374 on 2026-01-13 12:00 ET, peaked at 2.608, found support at 2.477, and closed at 2.516 on 2026-01-14 12:00 ET. Total volume reached 24,641.37, and notional turnover hit $62,169.75.
Structure and Momentum
The price formed a strong bullish breakout from a pre-dawn consolidation range, supported by a late-night 5-minute engulfing pattern and a morning continuation rally. RSI moved into overbought territory, but volume remained strong, suggesting sustained buying pressure. A potential pullback into the 2.48–2.50 range may test short-term conviction.
Volatility and Trend Confirmation
Bollinger Bands expanded significantly after a narrow pre-market range, indicating rising volatility. Price action stayed above the 20-period moving average for much of the session, and the 50-period line is now moving upward in alignment with the trend. Volume and turnover increased in tandem with price, reducing the risk of a sharp reversal unless a bearish reversal candle forms.
Key Resistance and Fibonacci Levels
The 2.53–2.54 level is a Fibonacci retracement target from the 2.608 high and could cap near-term gains. A break above this range may bring 2.57 as the next major psychological hurdle. The 2.47–2.48 level served as a key support; any test below this range could trigger further retracement into the 2.43–2.45 area.
VANAUSDC appears to be in a short-term bullish phase with a high probability of holding above 2.47. Traders should monitor the 2.53–2.54 level and watch for signs of exhaustion or renewed bearish momentum. As always, volatility remains a key risk ahead.
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