🚨 $VET Surges 31.68% – Key Levels in Play! 🚨
VeChain ($VET ) is witnessing a powerful rally, trading at $0.06759, up 31.68% in the last 4 hours. With a 24-hour high of $0.06995, VET is now approaching critical levels, indicating a possible continuation of its bullish momentum or a short-term pullback.
Key Levels to Watch:
Immediate Support: $0.06037
This level is crucial for maintaining bullish momentum. A drop below could lead to further retracement.
Major Resistance: $0.06995
Breaking above this resistance could confirm continued bullish strength and open doors to higher targets.
Three Targets for Traders:
1. Target 1: $0.07200 – A key resistance zone for profit-taking during the next leg up.
2. Target 2: $0.07500 – A critical psychological level that confirms the strength of the uptrend.
3. Target 3: $0.08000 – A significant milestone indicating extended bullish momentum.
Trade Setup:
Long Entry: Above $0.06995, targeting $0.07200, $0.07500, and $0.08000.
Short Entry: Below $0.06037, aiming for $0.05800 and $0.05400.
Stop Loss: Place at $0.06500 to minimize downside risks.
VET’s explosive rally has caught market attention, making it a must-watch for its next big move. Stay tuned to these levels for potential opportunities!
