๐จ $VET /USDT HOLDING STEADY: Can Bulls Regain Momentum Above $0.057?
$VET is currently trading at $0.05664 on the 15-minute chart, showing signs of stabilization after dipping to a recent low of $0.05571. The price is facing a key resistance at $0.05699, a level that buyers need to conquer for upward continuation. Immediate support lies around $0.05570, which acted as a strong recovery zone earlier.
With the RSI at 45.8, the market shows neutral momentum, signaling a potential buildup for the next move. Traders looking for a bullish continuation can consider a long entry near $0.05660, with a stop-loss at $0.05570 to minimize risk. On the flip side, if VET fails to hold above its support, a short entry below $0.05570 with a stop-loss at $0.05660 could capture a pullback.
The market remains indecisive, but a breakout above resistance may trigger renewed buying pressure. Traders should stay cautious and monitor these levels closely as VET attempts to reclaim its upward trend.