The VET/USDT perpetual contract on the 1-day timeframe is showing signs of a possible bullish breakout. The chart illustrates a long-term descending trendline, which the price is currently testing. If VET successfully breaks above this resistance, it could trigger strong upward momentum.
A key support and demand zone is visible between $0.020 - $0.022, where buyers have historically stepped in. If the breakout is confirmed, multiple resistance levels are outlined as potential price targets, including $0.03042, $0.03645, $0.04456, $0.05318, $0.05990, and $0.06908. These levels represent key areas where traders might look to take profits.
For confirmation, a daily close above the descending trendline is necessary. With a recommended stop-loss below $0.020 to minimize downside exposure. A breakout could lead to a strong bullish rally, whereas rejection at the trendline may result in continued consolidation. Traders should remain cautious and wait for confirmation before entering new positions.
A key support and demand zone is visible between $0.020 - $0.022, where buyers have historically stepped in. If the breakout is confirmed, multiple resistance levels are outlined as potential price targets, including $0.03042, $0.03645, $0.04456, $0.05318, $0.05990, and $0.06908. These levels represent key areas where traders might look to take profits.
For confirmation, a daily close above the descending trendline is necessary. With a recommended stop-loss below $0.020 to minimize downside exposure. A breakout could lead to a strong bullish rally, whereas rejection at the trendline may result in continued consolidation. Traders should remain cautious and wait for confirmation before entering new positions.
交易進行
註釋
we have a breakout, time to pay attention註釋
✅ VET/USDT UpdateTarget 1 hit at $0.03042! 🚀
Momentum looks healthy to go. Eyes on continuation setup.
Trailing stops recommended for smart profit management. 🛡️
#VET #VeChain #CryptoUpdate #TargetHit #Altcoins #TradingView
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