VeChain ( $VET ) Technical Analysis:
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VeChain's critical support area is $0.0182-$0.023. Breaking above the first resistance level could indicate a bullish scenario. Key levels to watch:
- 78.6% retracement level (break below could turn bearish)
- November low (crucial stop level)
- Higher resistance targets: $0.061, $0.088, $0.147 (if bullish trend persists)
Focus on maintaining a higher low in upcoming pullbacks for potential upward momentum. While bullish potential exists, caution is advised due to market uncertainties. Notably, VeChain still has upside potential if it holds above critical levels, unlike Dogecoin which has already risen from support.
