VeChain (VET) Market Analysis – May 2025
Overview: VeChain (VET) is currently in a short-term bullish trend, showing signs of consolidation after a strong upward move from 1.8¢ (April low) to 2.8¢. While the price hasn’t broken the March high yet, it’s hovering in a critical zone that could decide the next major direction.
Wave Structure Insight:
Scenario 1 (Blue Count): Short-term bullish within a corrective rally (ABC structure).
Wave A & B complete.
Potential final Wave C rally in progress.
Target: 3.0¢–4.4¢, ideally maxing at 5.7¢.
If VET breaks above 5.77¢, this scenario weakens.
Scenario 2 (Yellow Count): More bullish corrective rally (5-wave C) in larger wave 2.
Possible rally toward 11–13¢ over time if confirmed.
Key Levels to Watch:
Support Zone (Wave B):
Primary: 1.96¢ – 2.37¢
Additional: 2.24¢ and 2.12¢
Resistance & Breakout Levels:
Immediate target: 3.0¢
Major resistance: 4.4¢, then 5.7¢
Bullish invalidation above: 8.0¢ (blue count breaks)
Trade Plan:
Entry: Accumulate near support (2.12–2.24¢)
Target 1: 3.0¢
Target 2: 4.4¢
Target 3 (extended): 5.7¢
Stop-Loss: Below 1.96¢
Conclusion: VET is showing early signs of a recovery. As long as the 1.96¢ level holds, a short-term rally remains likely. However, this is a corrective move, not a full bullish reversal — so stay cautious and watch price action near the 3.0¢–5.7¢ resistance zone.