Coin Name $VET
Position: LONG
Entry Price: 0.02706
On the 4-hour timeframe, VET shows multiple bullish signals. It has broken out of an inverse head and shoulders pattern and completed a successful retest. Simultaneously, the price is holding above the lower trendline of an ascending channel, maintaining a strong bullish structure. The RSI is also holding within the demand zone, showing a bullish divergence that suggests potential upward momentum. This confluence of signals indicates that the current support area could act as a launchpad for the next move higher.
On the 4-hour timeframe, the "Others" chart has broken out of an inverse head and shoulders pattern and completed a textbook retest of the neckline. If it holds above the support level and begins to move higher, it could trigger a bullish wave across mid-cap and low-cap altcoins.
On the 4-hour timeframe, BTC.D has broken down from a rising wedge pattern — a typically bearish formation — and has completed a clean retest of the breakdown level. If BTC.D continues to decline, it could signal increased capital flow into ETH and other altcoins, potentially leading to a strong altcoin rally.
Leverage: 3X
Targets:
1st TP 0.030
2nd TP 0.034
3rd TP 0.038
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$VET