Technical analysis by CryptoFiboTrends about Symbol VET on 12 hour ago

VETUSDT VET VeChain Channel Squeeze – Support Battle? Current trend: VET's coiling in a narrowing descending channel, defending the 0.015 support after capping 0.019 resistance—fading downside volume hints at bullish divergence brewing 🛡️. Hold support? Solid yes; prior bounces and trendline confluence could fuel a clean rejection. Breakout above resistance? Imminent on 0.019 close—unlocking 6-8% pop toward channel extension 🚀. Dip risk? Mild to 0.0145 if weakens, but oversold metrics limit it. Target: Short-term 0.020 on flip; stretch 0.022 with conviction. Indicators tracking: RSI (36, rebound zone), Channel convergence, and MACD histogram lift 📊. #VETTrading #CryptoChannel #FiboTrendCrypto