Technical analysis by rohitkukreja about Symbol VET: Sell recommendation (5/10/2023)

VeChain (VET) Cryptocurrency Short | Swing Trade | 20% Downside The Price has closed below the daily support on 8 May and has also retested the broken. support as new resistance. A Short can be initiated at Current market price. This is a SWING TRADE Entry- 0.0194 Stop Loss- 0.0204 Although if daily candle closes back above the broken support, then exit the trade and no need to wait for stop loss to hit Target- Final target is 0.0156 but keep booking profits in between and trail you stop losses Let me know in the comments section if you want me to analyse any other financial instrument. WARNING:- ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.