🚨 $VET /USDT ALERT: Strong Bullish Momentum – Targets in Focus! 🚨
$VET is trading at $0.05264, up by +16.77% in the past 24 hours, reaching a high of $0.05320. The chart indicates sustained bullish momentum, positioning VET for further gains. Here’s the technical breakdown:
🔑 Key Levels to Watch:
Resistance Targets:
1. $0.05400 – Immediate resistance; breaking this level could extend the bullish rally.
2. $0.05600 – The next key target, signaling a stronger uptrend if reached.
3. $0.06000 – A critical psychological level and major target for buyers.
Support Levels:
$0.05000 – Key support to maintain the bullish trend.
$0.04430 – Strong support; a break below this level could signal a potential reversal.
📈 Trade Setup:
Long Entry: Around $0.05200–$0.05300, with targets at $0.05400, $0.05600, and $0.06000.
Stop Loss: Below $0.05000 to minimize downside risk.
⚠️ Note:
Volume is rising significantly, supporting the breakout. However, monitor the resistance at $0.05400 for potential short-term rejections. Use tight risk management to capitalize on this bullish trend.