$VET

/USDT Technical Analysis and Trade Signals

Current Price: $0.07124

Momentum: Strong bullish trend (+51.19% in 24h).

Key Levels

1. Resistance Levels:

Target 1 🎯: $0.075 (short-term resistance).

Target 2 🎯: $0.082 (mid-term resistance).

Target 3 🎯: $0.095 (long-term resistance if momentum continues).

2. Support Levels:

$0.068 (short-term support).

$0.060 (critical support; potential retracement zone).

Indicators

RSI (Relative Strength Index): Likely in overbought territory (>70), suggesting caution for new entries but confirms strong momentum.

MACD: Bullish crossover with expanding histogram; indicates sustained upward trend.

Volume: High trading volume (4.58B VET/24h) supports bullish continuation.

Trade Momentum and Strategy

Short-term: Look for breakout above $0.072; set stop-loss at $0.068.

Mid-term: Hold positions targeting $0.082 while monitoring volume and RSI for signs of weakness.

Long-term: If $0.082 breaks with high volume, $0.095 becomes achievable.

Risk Management:

Place stop-loss at $0.060 to manage downside risk.

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