$VET /USDT: Breakout Confirmation - Spot and Futures
Price: $0.06023 (+10.09%)
Spot Trading Signal
• Entry Zone: $0.05950 - $0.06030
• Targets:
• $0.06150
• $0.06300
• $0.06500
• Stop Loss: $0.05850
Futures Trading Signal
• Entry Zone: $0.05950 - $0.06030
• Targets:
• $0.06150
• $0.06300
• $0.06500
• Stop Loss: $0.05850
• Leverage: 5x (Low Risk)
Market Analysis
• Support: $0.05850 – Retest of this level can act as a buying opportunity.
• Resistance: $0.06150 – A breakout above this level will confirm further bullish momentum.
• Volume: 72.14% Sell-side Pressure, but strong uptrend momentum continues.
• Trend: VET has shown a strong parabolic rise, targeting key psychological levels above $0.061.
Insights
Monitor closely for a breakout above $0.06150 to target $0.06300 - $0.06500. Keep stop loss tight at $0.05850 to manage risk effectively.
