One of my None Follower told me to stop trading cryptocurrencys like Forex ,but am a scalper trader
in the features market ,just can't stop because the profits are too good...
Anyway here Is an opportunity if you are interested in making money 🤑...
Here's my detailed analysis on $VET and recommendation:
Key Observations:
- **Current Price:** 0.06155 USDT
- **24-Hour Change:** +15.48% (an increase of approximately KSh 7.97)
- **24-Hour High:** 0.06214 USDT
- **24-Hour Low:** 0.04587 USDT
- **Trading Volume:** 3.52 billion VET, 183.19 million USDT
- **Chart:** 4-hour candlestick chart showing a significant upward trend
Analysis:
- **Bullish Momentum:** The significant recent price increase and the upward trend indicate strong bullish momentum.
- **Proximity to 24-Hour High:** The current price is close to the 24-hour high, indicating potential resistance around this level.
- **Fibonacci Retracement Levels:** The chart includes a Fibonacci retracement tool, suggesting potential support and resistance levels. The green area represents a potential target zone up to 0.10266 USDT, while the red area represents a potential stop-loss zone down to 0.03959 USDT.
Decision Guidance:
- **Buying:** Given the upward trend and strong bullish sentiment, buying could be a good option if the price continues to rise and breaks through the resistance levels. Ensure to monitor the price closely and set a stop-loss order around 0.03959 USDT to manage risk effectively.
💼 **Aim for Growth:** Remember, the goal is to grow your account steadily, not to face liquidation. Manage your risk wisely.📈
**Happy Trading:** Stay vigilant, stay smart, and happy trading!
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