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Technical analysis by CryptoAnalystSignal about Symbol VET: Sell recommendation (1/8/2026)

https://sahmeto.com/message/4045205
CryptoAnalystSignal
CryptoAnalystSignal
Rank: 31116
1.2

#VET/USDT – Falling Wedge Breakout?

Sell
Price at Publish Time:
$0.011699
Sell،Technical،CryptoAnalystSignal

#VET The price is moving in a descending channel on the 1-hour timeframe. It has reached the upper limit and is heading towards breaking downwards, with a retest of the upper limit expected. We have an upward trend on the RSI indicator, which has reached near the upper limit, and a downward reversal is expected. There is a major resistance zone in green at 0.01300. The price has bounced from this zone multiple times and is expected to bounce again. We have a trend of consolidation above the 100-period moving average, as we are moving close to it, which supports a downward move towards touching it. Entry price: 0.01172 First target: 0.01150 Second target: 0.01122 Third target: 0.01080 Stop loss: Above the resistance zone in green. Don't forget a simple thing: money management. For inquiries, please leave a comment. Thank you.

Source Message: TradingView
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