$VET

/USDT Technical Analysis on Binance

Current Price: $0.04316 (+31.71%)

Analysis and Key Levels:

VET is showing impressive momentum as a layer-1 asset. The price action points to strong bullish potential, with three main targets in focus:

🎯 Target 1 - $0.04440

This is the 24-hour high. A breakout of this level could signal continued bullish momentum, opening the way for further gains.

🎯 Target 2 - $0.04650

A psychological resistance level. If trading volume picks up, this could be the next target for the bulls, potentially attracting more buyers.

🎯 Target 3 - $0.05000

A significant milestone and round number target signaling strong confidence in the uptrend. Reaching this level will confirm a solid breakout.

Support Levels:

$0.04200: Immediate support for short-term corrections.

$0.04000: A critical area to watch for potential pullbacks.

Conclusion:

The current VET rally is supported by strong trading volume, with bulls looking to break above these targets. Continue to monitor price action and trade data for potential entries and exits.

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