🔎 $VET /USDT – VeChain Up +1.91%, But Still Ranging... What's Next? 🔗
#VeChain ($VET) inches upward with modest gains. While volume holds steady, bulls need a breakout above $0.0297 to shift the short-term narrative.
📊 Market Overview
📍 Current Price: ~$0.02822
📈 24h High: $0.02969
❄️ 24h Low: $0.02729
🔄 24h Vol (VET): 358.99M
💵 24h Vol (USDT): $10.23M
📉 Moving Averages
MA(7): $0.02865
MA(25): $0.02848
MA(99): $0.02807
Volume MA(5): 28.67M
Volume MA(10): 18.16M
RSI(6): 39.62 (bearish-neutral)
📈 VET Trade Setup – Tight Range, Coiled for a Break?
🔹 Bullish Scenario
Entry: $0.02820
Targets: $0.02885 → $0.02969 → $0.0309
Stop-Loss: $0.02740
🔹 Bearish Scenario
Entry: $0.02810
Targets: $0.02729 → $0.02673
Stop-Loss: $0.02870
📊 Momentum Snapshot
⚠️ Price below short-term MAs = weak momentum
📉 RSI under 40 = bearish pressure still present
🔄 Volume suggests indecision, waiting on direction
💡 Key Levels to Watch
A clean break above $0.0297 could spark a quick push toward $0.031+, but a failure to hold $0.0274 may trigger deeper retracement. Stay nimble.
📢 Watching for confirmation or fading the range?
