$VET Here's a quick analysis of VET (VeChain) at its current price of **$0.04488**:
Key Levels: - **Support Level:** Around **$0.0430**, which has been a solid level for price support in recent trading. - **Resistance Level:** Near **$0.0465 - $0.0475**, where VET has faced resistance in the past.
Price Action: VET is currently trading near its support zone, with slight upward momentum. However, the resistance near $0.047 could cap its short-term gains unless there's a significant breakout.
Target Price (Short-Term): - **Bullish Scenario:** If VET breaks above the $0.0475 resistance, it could aim for **$0.05 - $0.052**. - **Bearish Scenario:** A breakdown below the $0.0430 support could push VET toward **$0.041 - $0.039**.
Sell Price: If you're looking for a short-term sell opportunity, **$0.0475 - $0.048** is a reasonable target. For a more conservative approach, **$0.05** could be a solid exit point if the price shows strong bullish momentum.
Let me know if you'd like more details!$VET
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