Here’s Why VeChain’s Recent Rebound Could Signal a Bullish Turn Above $0.0224

  • VeChain shows strong investor interest with 93.39% of its supply actively traded.

  • Current price action indicates volatility, with key support at $0.0216 for VET.

  • Trading volume rose 2.72%, signaling bullish sentiment and potential upward momentum.

VeChain (VET) is currently trading at $0.02242, up 0.70% in the last 24 hours. With a market capitalization of approximately $1.81 billion and a trading volume of around $21.61 million, VeChain continues to attract investor interest.

VeChain’s price has fluctuated in the short term. Earlier today, VET dipped below $0.0220 but rebounded to its current level of $0.02242. These fluctuations show a market that is actively responding to various factors.

The recent dip to approximately $0.0216 has become a crucial support level, with the price bouncing back from this point. This suggests that investors see this level as a buying opportunity.

Source: Coinmarketcap

On the upside, VeChain is currently testing minor resistance around $0.0224. If this level breaks, the next significant target could be around $0.0226, where the price last peaked. Watching these technical levels is vital for anticipating potential price …

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