A well-defined falling wedge has finally given way after weeks of compressed price action. VET is now pushing above the descending resistance – a subtle yet meaningful shift in structure.
Breakout Level: 0.0220
Measured Move Target: ~0.0276 (+25%)
Timeframe: 8H
While volume remains modest, the technical breakout is in motion. A retest of the trendline could offer clarity – but for now, momentum favors the bulls.
Not a guaranteed reversal, but the first real signal in weeks.
This move deserves attention
What’s your take on this setup? Comment below.
Breakout Level: 0.0220
Measured Move Target: ~0.0276 (+25%)
Timeframe: 8H
While volume remains modest, the technical breakout is in motion. A retest of the trendline could offer clarity – but for now, momentum favors the bulls.
Not a guaranteed reversal, but the first real signal in weeks.
This move deserves attention
What’s your take on this setup? Comment below.
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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.