VeChain (VET) Market Analysis – May 2025
VeChain is currently showing early signs of a potential bullish continuation following a rally from the April low. The price structure indicates the possibility of a Wave 2 correction or a fresh Wave 1 impulse, depending on how the next pullback develops.
Key Insights:
The current move up could be forming a 5-wave impulse (yellow count), with Wave 4 potentially ongoing.
Price is currently reacting near the 38.2% Fibonacci resistance at $0.031 (3.1 cents).
As long as support holds in the expected Wave 4 region, the uptrend remains valid.
Setup Overview:
Entry Zone: $0.0250 to $0.0280 (Expected Wave 4 support zone)
Target 1: $0.031 (38.2% Fib resistance)
Target 2: $0.038 (50% Fib resistance)
Target 3: $0.045 (61.8% Fib resistance)
Target 4: $0.058 (Final resistance zone for structure)
Stop Loss: $0.0240 (Below Wave 4 support)
Final Invalidation: $0.0218 (Break here confirms failed reversal)
Strategy Notes:
Watch for a corrective ABC pullback into the support zone between $0.025 and $0.028.
If price holds and prints a higher low, a bounce into Wave 5 is probable.
Loss of the $0.0240–$0.0218 zone increases the risk of downside continuation and invalidates the short-term bullish scenario.
This setup favors a cautious buy-the-dip strategy, aligned with the current wave structure, targeting short- to medium-term gains.
