$VET Technical analysis of the currency on the weekly frame 📊✨
The market has witnessed a clear upward trend during the recent period. On December 2, the price reached its highest level at 0.07999
With a trading volume of 348,000 coins. Currently, the price is fluctuating around the 0.051 level, indicating
its stability between the basic support and resistance levels.
Key Trading Levels🚀
📉 Key Support Areas:
0.0444
0.4220
📈 Key Resistance Areas:
0.06090
0.7990
Trading Volume👌
Despite the reduced trading volume, no signs of excessive selling or panic were observed
Expectations and Possible Scenarios🚀📉
🔹 In case of breaking the resistance of 0.0799
If the price is able to exceed the resistance level of 0.0799, it is expected to start a new bullish round that may push the price towards higher levels.
🔹 In case of failure at 0.0799:
In case the resistance is not exceeded, the price may enter a corrective phase, with the possibility of returning
to the support levels at 0.0609 or lower.
