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Technical analysis by rylee2267 about Symbol VET on 3/24/2025

https://sahmeto.com/message/3373024
rylee2267
rylee2267
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VeChain (VET) showing signs of life on the weekly chart. Recently broke above a long-term descending triangle with decent volume, hinting at a potential trend reversal. Price currently at $0.02576, just below the breakout level of $0.02744. Watching for a retest of this level as support-could be a key area for bulls to defend. Next resistance around $0.034003 if momentum holds. Indicators showing early bullish signals but confirmation is key. Thoughts?

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$0.026295
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