🔥 VeChain (VET/USDT): Double‑Bottom Formed—First Entry Hit! 🚀

$VET

Hey Binance Square fam! Today we’re spotlighting VeChain (VET), fresh off a textbook double‑bottom breakout on the daily chart. Perfect setup to share some insights, ask the community for thoughts, and ride this train together. Let’s get square-ready! 🧩✨

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📈 Market Overview – VET/USDT

Current Price: ~$0.0287 USDT, up ~5% in the last 24 hrs

Weekly Gain: +13–14% over 7 days, +35% in the past 30 days

Market Cap: ~$2.47B, ranking in top 50 cryptos

Circulating Supply: ~86 billion VET

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📊 Chart Setup – Double‑Bottom Formed

Base Levels: Two strong lows near $0.0200–$0.0243 USDT, forming a classic double‑bottom

Downtrend Broken: Price broke above the 50‑day downtrend line, signaling a strong reversal

First Entry Zone Hit: Support held, VET is now testing the neckline/resistance near $0.0257

Potential Upside: If it holds above support, targets could range from $0.030–$0.035, even up to $0.035–$0.070 if momentum sustains

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🌐 Why VET Shines

1. Enterprise-Focused & Eco‑Friendly

Built on VeChainThor, an EVM-compatible, PoA blockchain with energy-efficient consensus

Strong real-world use cases—logistics, product authentication, carbon tracking, insurance data + NFC in UFC gloves!

2. Robust Tokenomics

Dual-token model: VET for value, VTHO for gas

Over $140M TVL with 5 billion VET staked and auto VTHO burn

3. Strong Upgrade Roadmap & Advisory

2025 “VeChain Renaissance” roadmap launching “Galactica” upgrades and revamping tokenomics

UFC’s Dana White recently joined as advisor—mix of mass-market and tech expertise makes it more exciting

4. Analyst Forecasts Optimistic

AI models see steady rise to $0.035–$0.040 by end of June 2025

Long-term models predict $0.05–$0.15 in 2025, reaching up to $0.20 by 2026

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🛠️ Binance Square‑Style Strategy

For Content Creators

Share your chart setup showing the double bottom, highlight entry around $0.024–$0.025, and throw out targets like $0.030, $0.035.

Ask the Square fam: “Do you trust this breakout above the neckline? What are your targets?”

For the Community

Engage with clear Qs:

“Is the double‑bottom still valid?”

“If it retests, are you buying at support or waiting for a breakout above $0.031?”

Friendly & Compliant Tone

🔹 Keep it Objective – Charts, data, no hype.

🔹 Remind – “Not financial advice—just my analysis! DYOR.”

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🚀 Takeaway

VET just nailed a textbook double‑bottom breakout, hitting the first entry zone.

If support holds near $0.024–$0.025, expect gains toward $0.030–$0.035, and maybe higher if momentum continues!

With solid fundamentals, strong roadmap, and new advisory influence, VeChain’s momentum is strengthening.

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👉 Over to you Square fam:

Are you onboard this breakout?

Is $0.024 your dive-in zone, or are you waiting for the next leg up?

Share your chart, strategy, and vibes below! 🧠🔥