$VET /USDT Analysis: Strong Bullish Momentum!
$VET is trading at $0.05083, showcasing a 6.92% gain in the last 24 hours. With a high of $0.05093 and low at $0.04739, the pair is signaling potential for further upward movement.
Key Levels to Watch:
Resistance: $0.05093 – A breakout above this could push VET toward $0.0520 and $0.0535 targets.
Support: $0.04976 – Critical to maintain the bullish trend.
Trade Setup:
Entry Point: Look for retracements near $0.05050 for a safer entry.
Targets:
1. $0.0520 (short-term)
2. $0.0535 (next resistance)
3. $0.0550 (extended target)
Stop Loss: Below $0.04900 to mitigate risk.
Insights:
The RSI remains in a neutral-to-bullish range, suggesting the uptrend could continue with strong volume support. Monitor closely for breakout confirmation or possible consolidations.