๐ ๐๐๐๐ก๐๐ข๐ง (๐๐๐) ๐๐ฎ๐ข๐ฅ๐๐ฌ ๐๐ฎ๐ฅ๐ฅ๐ข๐ฌ๐ก ๐๐จ๐ฆ๐๐ง๐ญ๐ฎ๐ฆ: ๐๐ซ๐จ๐ฌ๐ฌ-๐๐ก๐๐ข๐ง, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐ง๐ ๐๐ฅ๐ฎ๐๐ฌ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐๐ฑ๐ญ ๐๐๐ ๐๐ฉ
โ VeChain (VET) price action is slowly grinding upward, supported by strong fundamentals and improved interoperabilityโVET can now be used cross-chain, opening doors for broader ecosystem utility.
โ The team continues to build through the cycle, making long-term bullish positioning more convincing.
โก๏ธ Influential trader Scofield (81.9K followers on X) is watching the chart and has expressed bullish sentiment, adding more eyes to this setup.
๐ง Chart Analysis: Inverse H&S, MA200, and RSI Clues
โข On the daily timeframe, price completed a classic inverse Head & Shoulders and broke its neckline with conviction
โข The move reclaimed $0.034, last touched in early March โ clear level-to-level structure
โข The MA200 sits at $0.035 โ a break and successful retest could unlock a run toward $0.043, the next key resistance
โข Ideal scenario: break โ touch $0.043 โ pullback โ MA200 retest โ breakout to yearly high
โฑ 4H Timeframe: Trend Confirmed
โข Structure: Higher highs + higher lows = confirmed uptrend
โข RSI is cooling off from high levels โ a potential dip to 30 RSI would reset the trend for another bullish leg
๐ Bottom Line:
VETโs technicals, coupled with cross-chain upgrades and increasing trader attention, are quietly laying the groundwork for a strong Q2 move. Eyes on the MA200 and RSI resetโthis breakout could just be getting started.