Recently, #VET has been following a descending resistance trajectory , and faced a strong rejection from the internal resistance at $0.03400 and losed momentum.As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the support level of $0.02543.
As long as #VETUSDT has not been able to cross the dynamic resistance, it will be a downward trend. Currently, the most important support area is $0.01940 to $0.01830, and the price may continue to decline until it reaches this level due to the successive bearish candles that have formed.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
As long as #VETUSDT has not been able to cross the dynamic resistance, it will be a downward trend. Currently, the most important support area is $0.01940 to $0.01830, and the price may continue to decline until it reaches this level due to the successive bearish candles that have formed.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
👍110❤35
#VET is trying to break the first resistance to start a new uptrend.
#VETUSDT recently successfully broke through the dynamic resistance, and now it should break through the $0.03400-$0.03200 resistance level very strongly and prepare to test the main resistance in the $0.05120-$0.05520 area.
In general, the trend is still upward in the daily time frame, and the more than 50% decrease that the price has seen recently is only a part of the correction of an upward trend in this time frame.
#VETUSDT recently successfully broke through the dynamic resistance, and now it should break through the $0.03400-$0.03200 resistance level very strongly and prepare to test the main resistance in the $0.05120-$0.05520 area.
In general, the trend is still upward in the daily time frame, and the more than 50% decrease that the price has seen recently is only a part of the correction of an upward trend in this time frame.
❤271👍167