When could be a good time to buy? | $VET
Technical opportunity:
An interesting entry point could be around $0.0229, where there is accumulated volume and identified technical support.
A sustained breakout above $0.0246–$0.0247 would activate technical buy signals, according to MACD indicators.
Strategy with bullish projection:
If a rally towards $0.0299 is confirmed, it could be the time to take partial profits (CoinCodex).
A cautious approach would be to wait for the general market to show stability or recovery (bullish gesture from Bitcoin, momentum in DeFi, etc.) before increasing exposure.
Technical outlook and forecasts
According to StockInvest.us, there is a strong sell signal in the short term. The main support is located at $0.0229, with technical resistance between $0.0246 and $0.0247. A bullish breakout from that zone could generate a buy signal.
CoinCodex projects a rally up to $0.0299 in September (~+20%), and monthly ranges between $0.0284 and $0.0318, suggesting good potential if the trend improves.
An analysis on TradingView indicates that if the bullish trend holds in the 3-day timeframe, the price could aim towards $0.06, although this is still a technically optimistic medium-term forecast.
Fundamental factors and adoption
VeChain stands out for its use in real business solutions — such as supply chain management, IoT, and asset tokenization — which gives it tangible utility and institutional backing.
Long-term projections (2025–2030) suggest a sustained bullish range between $0.05 and $0.15, with even optimistic scenarios accommodating levels of $0.09–0.20 depending on its adoption and technological development.
