GOGO TRADE TIME๐ข
๐ $VET ๐ฆ /USDT: VeChainโs Momentum Continues โ Can It Break Higher? ๐ Spot and future trade setup ๐ฆ
๐ก
#vechain (VET) is displaying modest gains, trading at $0.04494 (+2.35%). With a 24-hour high of $0.04696, VET is maintaining upward momentum, showcasing strong activity in the Layer-1 space. This could signal bullish sentiment if the broader market remains supportive.
๐ Market Highlights:
Resistance Levels: $0.04696 and $0.04726
Support Levels: $0.04374 and $0.04332
๐ Next Move & Trading Signal:
Bullish Scenario: A breakout above $0.04696 could propel VET toward $0.048+, a key psychological level.
Bearish Scenario: A decline below $0.04374 might push prices down to $0.042, testing stronger support zones.
โก Trading Tip:
Look for confirmation of a breakout with increased trading volume. If VET consolidates near resistance, it could set up for another upward leg.
๐ Key Takeaway:
VeChainโs positive price action reflects growing confidence in its utility and ecosystem. Monitor its resistance levels for potential upward movement, especially in a bullish market environment. ๐
#short SHORT๐ด
SWING Trade ๐ฅ
BUY
1) 0.04539
2) 0.04679
Take Profit Targets:
1)๐ฅ 0.04444
2)๐ฅ 0.04354
3)๐ฅ 0.04218
๐ฉ SL : 0.0495