VET has slowly been rising into an uptrend, rejecting an important trendline. After breaking both the trendline and an important key level, we saw a sharp increase in price supported by increasing volume. We could see a nice retracement from here to 0.1643 which is an untested level, also aligned with 61.8% fibonacci retracement level (although the demand zone is ranging between the Key level and 0.1643). If this scenario plays out and we reject that level we could see a nice uptrend all the way to 0.22.
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