Vechain ($VET ) Breakout Move Imminent Vechain on the daily chart is stuck in a consolidation zone between $0.04281 -$0.05690. Soon a breakout move will play out either to the upper side or to the downside.
If we breakout to the lower side expect a breakdown move to $0.04 as our first targets. On loosing $0.04 there is a chance a retrace to $0.035 where we have our next area of support.
If we breakout to the upside by getting a sustained break above $0.04281 then that will be the start of a rally to $0.07 and $0.08 as our next targets.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
