$VET /USDT

📊 VET/USDT Technical Trade Setup (Short-Term)

📌 Market Snapshot:

Current Price: $0.02054

24H High: $0.02161

24H Low: $0.02053 (currently sitting on the low)

Change: -3.16%

Volume: 165.47M VET / 3.47M USDT

Volume Insight: Decent activity, but bearish bias evident

🔍 Technical Context:

Price is sitting exactly at 24H support ($0.02053–0.02060 zone)

Resistance at $0.02160, close to 24H high

Downtrend pressure visible with lower highs

Likely oversold on 15m and 1h timeframes

✅ Trade Scenarios

📈 Scenario 1: Bounce from Support (Speculative Long)

Entry: $0.02055–0.02060 (current price zone)

Stop-Loss: $0.02030

Take-Profit Targets:

TP1: $0.02100

TP2: $0.02140

TP3: $0.02160 (daily resistance)

📌 Note: Only take this trade if you see bullish candles forming (hammer / engulfing) on 15m or 1h timeframe.

📉 Scenario 2: Breakdown Play (Bearish Continuation)

Entry: Below $0.02050 (confirmed breakdown candle with volume)

Stop-Loss: $0.02075

Take-Profit Targets:

TP1: $0.02010

TP2: $0.01960

TP3: $0.01920 (if volume spikes on the breakdown)

📌 Note: Break of support without volume = false breakdown risk. Watch the 15m candle for commitment.

🔁 No-Trade Zone:

Between $0.02055 and $0.02090 → likely to chop in this range. Avoid unless volume breakout confirms direction.

🧠 Trade Management Tips:

This is a tight-range, high-risk zone. Use small position size or wait for trend confirmation.

Monitor Bitcoin dominance and trend — VET tends to follow majors.

Consider using a trailing stop if the bounce happens.

#VETUSDT #CryptoTrading. #TrumpVsMusk #Write2Earn #Altcoins👀🚀