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VeChain ($VEN) got dumped from 60k sats to around 45k sats after the rebranding event. This is pretty normal because people buy the rumours/news and sell when the event happens.
However, i think $VEN is finding support at around 45k sats based on TA and previous support point. But there seem to be alot of bagholders for $VEN and potentially it might go lower and hit its key support line at 37k sats . If it drops to 37k sats , i think it will be a very good entry point with good reward:risk ratio. However, i think entry point would be between 37k sats (Safe) - 45k sats for $VEN if you want to enter during the dip now.
However, i think $VEN is finding support at around 45k sats based on TA and previous support point. But there seem to be alot of bagholders for $VEN and potentially it might go lower and hit its key support line at 37k sats . If it drops to 37k sats , i think it will be a very good entry point with good reward:risk ratio. However, i think entry point would be between 37k sats (Safe) - 45k sats for $VEN if you want to enter during the dip now.
CryptoColm
Great Call on VEN!
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