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$VET (VET/USDT) Technical Analysis - March 26, 2025
📌 Market Overview
Current Price: $0.02670
24H Change: +1.44%
24H Low / High: $0.02629 - $0.02760
24H Volume: 400.53M VET ($10.75M USDT)
📊 Technical Analysis
1️⃣ Moving Averages & Trends
7-Day MA: $0.02591 (Short-term bullish as price is above it ✅)
25-Day MA: $0.02604 (VET trading above this level, slight bullish momentum 📈)
99-Day MA: $0.03774 (Major resistance, long-term trend still bearish 📉)
➡️ Trend Summary:
VET is showing signs of recovery from a downtrend but is still below the 99-day MA, meaning a full bullish reversal hasn't confirmed yet.
The short-term moving averages (7 & 25 MA) indicate positive momentum, but a strong breakout is needed above $0.03000 to confirm bullish continuation.
2️⃣ Support & Resistance Levels
Immediate Support: $0.02550 - $0.02600 (Recent consolidation zone)
Buy Zone: $0.02500 - $0.02600 (Accumulation area)
Target 1: $0.03000 (Short-term breakout level)
Target 2: $0.03500 - $0.03700 (Major resistance zone near 99-day MA)
Stop-Loss: $0.02400 (Invalidation level if price drops further)
➡️ Key Level to Watch: $0.03000
If VET breaks above $0.03000 with volume, it could push toward $0.03500 - $0.03700 in the mid-term.
3️⃣ Volume & Market Sentiment
Order Book Analysis:
Strong buy orders around $0.02670, showing demand.
Resistance is forming near $0.02688 - $0.02700, where sell walls are present.
Volume SMA (9): 268.90M (Moderate activity, not a strong breakout yet)
➡️ Interpretation:
Volume is stable but not explosive. A breakout above $0.03000 with high volume will confirm a stronger move.
🧐 Should You Enter Now?
✅ Entry Strategy:
Buy between $0.02500 - $0.02600 for accumulation.
Consider adding positions if price holds above $0.03000 with strong volume.
❌ Risk Warning: Avoid entering if price drops below $0.02400, as it could signal further downside.
#VET #tradingtechnique