$VET /USDT.

🔍 VET/USDT – 4H Chart Overview.

Current Price: $0.02831

Candle Range:

Open: $0.02854

High: $0.02863

Low: $0.02829

Close: $0.02831 (-0.775%)

Trend Structure:

In an ascending channel

Testing mid-channel / neckline area

Inverse Head & Shoulders forming (bullish reversal pattern)

🧠 Pattern Summary

✅ Inverse Head & Shoulders

Left Shoulder: ~$0.02050

Head: ~$0.01750

Right Shoulder: ~$0.02200

Neckline: ~$0.02830

Breakout target (if confirmed): ~$0.03400–$0.03800 range

📈 Ascending Channel

Support trendline holds since ~$0.016

Current price near mid-range; upper channel resistance near $0.03000–$0.03400

Key Channel Levels:

Support: $0.02700, $0.02400

Resistance: $0.03000, $0.03400

🧩 Zones of Interest

ZonePrice RangeCommentSupply Zone$0.03400–$0.04600Profit-taking likely; breakout watchDemand Zone$0.01630–$0.02200Strong buyer interest historicallyNeckline Test$0.02830Crucial level — currently being tested

📈 Trade Setup (Swing Bias)

🔁 Scenario A: Breakout of Neckline

Entry: $0.02840–$0.02860

Confirmation: 4H candle close above $0.02860 with volume

Target 1: $0.03000

Target 2: $0.03400

Target 3: $0.03800

Stop Loss: $0.02690 (below ascending channel support)

⚠️ Scenario B: Rejection at Neckline

Short Bias only if breakdown occurs with volume

Entry: Below $0.02700

Target: $0.02400–$0.02200 (Demand zone)

Stop Loss: $0.02850 (back inside channel)

📊 Strategy Notes

This is a potential trend reversal area

Volume confirmation is critical — low volume = likely fakeout

A retest of $0.02830 neckline may be a safer re-entry than chasing initial breakout.

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