$VET
/USDT Technical Analysis š
The VET/USDT pair has been showing impressive movement with a +9.26% price change over the last 24 hours. After hitting a high of 0.05320, it has currently stabilized around 0.05286.
As we look at the short-term outlook, we identify three key targets:
šÆ Target 1: 0.05350 USDT
The pair has the potential to test this level, following a strong breakout above the 0.052 resistance. A confirmation above 0.053 could open the door to further bullish momentum.
šÆ Target 2: 0.05500 USDT
This level could act as a major resistance point. A sustained rally past 0.0535 would be a signal of strength and the next target could take us toward the 0.055 mark.
šÆ Target 3: 0.06000 USDT
In a more bullish scenario, a clean break above 0.055 would target the 0.060 psychological level, where price action may slow down due to market sentiment.
Key Support Levels:
0.04766 USDT: Watch for potential support near the daily low.
0.05000 USDT: A critical level to maintain the current uptrend.
š Volume & Market Sentiment:
With a 24-hour trading volume of 658.48M VET and 32.70M USDT, the market remains active, suggesting a strong investor interest in VET.
Stay tuned for updates and be sure to monitor these key levels!
Let me know if you'd like any adjustments or further details on this!