Technical analysis by JMazu84 about Symbol VET: Buy recommendation (11/26/2023)

VET is one of the few cryptos that has not gotten a significant bullish rise over the past several months. It is currently testing a historical parallel trend line that was previous support over the past few years. We could be seeing a 4-5 cent vechain if it find support here.So far this is going as planned. VET reached the 4-5 cent projection. I would like to see Vechain stay above the pink parallel channel to confirm strength and use it as support. The next macro targets is 7-8 cents. However Vechain needs to reclaim 9 cents and hold it as support if we really want to see fireworks.