VeChain (VETUSD) is showing bullish intent with momentum accelerating out of a defined trend channel. I would like to highlight the technical analysis suggesting a potential wave culmination at the $0.62 mark—a sharp leap from its current price of $0.0247. Backed by strong volume and RSI movement, the setup hints at investor optimism and possible breakout continuation.
- Wave Projection: Interpret the technical channel and present a wave count culminating in the $0.62 target.
- Price Action: Emphasize the recent surge (+13.18%) as a catalyst for bullish sentiment.
- Volume & RSI: Use indicators shown in the chart to validate potential continuation.
- Risk Disclosure: Note that speculative wave targets should be assessed with broader market confirmation.
“Do you see VET following through to the projected wave target, or do you anticipate a mid-wave correction? Drop your analysis and let’s discuss.
- Wave Projection: Interpret the technical channel and present a wave count culminating in the $0.62 target.
- Price Action: Emphasize the recent surge (+13.18%) as a catalyst for bullish sentiment.
- Volume & RSI: Use indicators shown in the chart to validate potential continuation.
- Risk Disclosure: Note that speculative wave targets should be assessed with broader market confirmation.
“Do you see VET following through to the projected wave target, or do you anticipate a mid-wave correction? Drop your analysis and let’s discuss.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.