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I always keep #vet ( #vchain ) in my portfolio because Growing adoption: VeChain's blockchain technology is being increasingly adopted by enterprises in supply chain management, logistics, and other sectors. This could lead to increased demand for VET tokens. Strong partnerships: VeChain has established partnerships with major corporations like DNV GL and BMW. These partnerships could contribute to the platform's growth and mainstream adoption. Focus on real-world applications: Unlike some meme coins, VET is focused on solving real-world problems in various industries. This focus on utility could give it a long-term edge. #Write2Earn‬ #TrendingTopic #HalvingHorizons

I always keep #vet ( #vchain ) in my portfolio because

Growing adoption: VeChain's blockchain technology is being increasingly adopted by enterprises in supply chain management, logistics, and other sectors. This could lead to increased demand for VET tokens.

Strong partnerships: VeChain has established partnerships with major corporations like DNV GL and BMW. These partnerships could contribute to the platform's growth and mainstream adoption.

Focus on real-world applications: Unlike some meme coins, VET is focused on solving real-world problems in various industries. This focus on utility could give it a long-term edge.

#Write2Earn‬

#TrendingTopic #HalvingHorizons

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VET technical Analysis Based on recent technical analyses, VeChain (VET) presents both bullish and cautious indicators: 1. Bullish Indicators: • Technical Breakout: VET has recently broken out of a long-term descending triangle formation, which historically signals potential for future growth. Analysts have set optimistic price targets ranging from $0.06 to $1.50, highlighting significant potential upside if key resistance levels are surpassed . • Moving Averages: The 21-week EMA is on the verge of crossing above the 55-week MA, which is considered a bullish signal. Past instances of such crossovers have led to substantial price increases . • Partnerships: VeChain’s partnerships with major companies like Walmart China continue to support its bullish thesis by driving real-world adoption and transaction volume on its network . 2. Cautionary Indicators: • Current Price Levels: As of now, VET is trading around $0.034092. For a definitive bullish trend, it needs to secure a weekly close above $0.035, a level last achieved in May 2022 . • Technical Resistance: VET must maintain its support levels between $0.034 and $0.032 to avoid further downside. Failure to hold these levels could result in lower prices . Overall, while there are strong bullish signals suggesting potential for significant price increases, it is essential to monitor key support and resistance levels closely. Investors should remain cautious and consider the inherent volatility and risks associated with cryptocurrency investments. #vet #btc #Eth
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