That was a clear Breakout. what is going on now is a retest.
There was nothing like a rejection
C Queen
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Bullish
$VET /USDT – REJECTION AT $0.02840, SHORT-TERM PULLBACK ACTIVE
$VET attempted a breakout but faced resistance at $0.02840, now retracing slightly to $0.02785 (+1.53%). The 1H chart shows strong recovery from $0.02569, but current candles reflect slowing momentum and minor selling pressure.
Key Technical Levels:
Resistance: $0.02840
Support: $0.02734 / $0.02615
24H Range: $0.02636 – $0.02840
Volume: 435.82M $VET confirms active trading
Market Insight: Despite a strong rally, the current rejection candle signals hesitation. If $0.0273 holds, bulls may attempt another push; otherwise, further cooling toward $0.0262 could follow.
Pro Tip: Look for a breakout above $0.0284 for continuation, or buy dips near $0.0265 with volume confirmation.