๐จ $VET /ETH โ Breakdown Imminent or Hidden Accumulation? ๐ง
$VET is testing critical support against ETH, trading at 0.00001058 ETH and down -2.49% on the day. Is this a shakeout before liftoffโor a deeper dive incoming? Letโs break it down ๐
๐ Market Overview
๐ Current Price: 0.00001058 ETH
๐ 24h High: 0.00001086
โ๏ธ 24h Low: 0.00001049
๐ Volume (24h): 91,939 VET / 0.98 ETH
๐ Moving Averages:
โข MA(7): 0.00001062
โข MA(25): 0.00001071
โข MA(99): 0.00001085
๐ RSI(6): 36.59 (Near oversoldโbounce incoming?)
๐ VET Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If VET Holds Above 0.00001050):
โข Entry: Above 0.00001060 ETH
โข Targets: 0.00001086, 0.00001115, 0.00001140 ETH
โข Stop-Loss: 0.00001043 ETH
๐น Bearish Scenario (If VET Breaks Below 0.00001043):
โข Entry: Below 0.00001043 ETH
โข Targets: 0.00001020, 0.00000990 ETH
โข Stop-Loss: 0.00001070 ETH
๐ Should You Buy or Wait?
โ RSI near 35 = potential bounce zone
โ ๏ธ Price trading below all major MAs = caution for continuation down
โ Watching for reclaim of 0.00001071 to confirm strength
๐ก Pro Tip:
๐ If ETH rallies hard, VET pairs may lagโwatch ETH dominance!
๐ Keep an eye on volume divergenceโlow vol = fakeout risk
๐ข Are you buying the dip or sitting this one out? Comment below! ๐
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