VeChain $VET T) Technical Analysis Update

VeChain has successfully broken out of the falling wedge pattern and is now facing the crucial 200-period moving average (MA) on the 4-hour chart.

This is a key resistance point,

and a confirmed breakout above this level could signal further bullish momentum.

Key Levels to Watch:

Immediate Resistance: 200-period MA (4-hour chart)

Potential Price Targets Post-Breakout:

$0.061

$0.069

$0.079

Next Move:

If VET clears the 200 MA with strong volume,

expect potential rallies toward the $0.061 to $0.079 range.

Watch for any signs of rejection at the 200 MA, which could result in consolidation or a pullback.

Risk Management: Always use stop-loss orders to protect against sudden market reversals. The trend remains bullish,

but confirmation is essential.

Stay tuned and trade wisely!

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