VANA Breaks Descending Trendline as Bulls Target $6.00 Resistance Level

VANA/USDT broke above a descending channel, signaling a shift in structure after weeks of sustained bearish pressure.

Price action remains stable above $5.20, suggesting buyers have regained control after overcoming previous resistance levels.

Technical indicators, including RSI and MACD, confirm strengthening momentum as bulls look toward the $6.00–$6.20 range.

VANA shows early signs of recovery following a breakout from a descending channel, suggesting a possible shift in market direction. The breakout occurred after a sustained downtrend, with the asset now hovering above a key support zone.

Breakout Followed by Stabilization Above Key Zone

After a long period of lower highs, VANA has successfully broken out of a well-defined descending channel. The breakout came with a strong bullish candle formation, which carried the price above the $5.20 mark. The market structure has now shifted, with the price consolidating around $5.43.

Alpha Crypto Signal noted in a tweet that VANA had broken its trendline resistance and is now swiping the gap below $5.22. According to the tweet, holding above this gray zone is crucial for sustaining bullish momentum. The $5.00–$5.20 range, previously a resistance level, is now acting as a support base following the breakout.

This consolidation near the former resistance zone suggests the market is preparing for a potential next move. Buyers appear to be stepping in at this level, reflecting renewed interest after weeks of downward pressure.

Technical Indicators Point to Bullish Momentum

Indicators on the chart support the idea of a strengthening bullish trend. The Relative Strength Index (RSI) currently sits at 56.25, signaling growing buying pressure without entering overbought territory. This suggests that upward movement could continue if momentum holds.

Source: TradingView

The Moving Average Convergence Divergence (MACD) also supports the bullish view. A crossover has occurred, with the MACD line moving above the signal line and the histogram turning green. These developments reflect short-term bullish behavior that aligns with the breakout narrative.

Although volume data is not shown on the chart, the strength of the breakout candle hints at increased buyer activity. If buying continues and the price remains above the former resistance, the market structure may continue to shift in favor of buyers.

Retest Possibility Remains in Focus

While the price has broken above the descending channel, a possible retest of the upper boundary near $5.00–$5.10 is still likely. Such moves are common in trend reversals, as the market often tests former resistance to confirm its new role as support.

The gray zone identified by Alpha Crypto Signal is expected to serve as a demand area. If the price revisits this zone and holds, the support could act as a launchpad toward the $6.00–$6.20 resistance level.

However, if the price fails to hold above this newly formed support, the breakout could weaken. For now, the structure remains bullish with potential for continuation if current levels are maintained.

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