Here's a trading analysis for VET/USDT based on the provided chart:
šØ$VET VET/USDT ALERT: Breaking New Highs ā Huge Move In Progress! šØ
VET has surged by an impressive 43.48%, reaching a current price of 0.06732, with a 24-hour high of 0.07209. The recent breakout signals strong bullish momentum, and the market is clearly heating up.
Key Levels to Watch:
Resistance: 0.07209 ā If VET breaks above this level, the next targets could be 0.078, 0.085, and 0.095.
Support: 0.05530 ā Holding above this level is critical to maintain the bullish trend and avoid retracement.
Market Outlook:
If the price consolidates above 0.067, it could pave the way for another rally. However, a failure to hold could see a pullback to the support zone.
Actionable Strategy:
Long Entry: Above 0.068 with targets at 0.078, 0.085, and 0.095.
Stop Loss: Place below 0.055 to manage risk.
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