🚀 $VET is showing a potential technical setup!

The weekly chart on Bybit for VET/USDT highlights a prolonged macro downtrend forming a falling wedge base with early signs of a bullish reaction from the 0.00500 support region.

📈 The Technical Setup:
• The Pattern: Falling Wedge Reversal
• Short-term Target: 0.02000
• Macro Objective: 0.07000
• Market Structure: Reversal/Accumulation

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.00500 - 0.00600 range
• Resistance: 0.02000
• Breakout Level: 0.01000
• Stop Loss / Invalidation: 0.00450

📊 Confirmation:
• Volume: Standard volume during base formation
• Momentum: Bullish weekly green candles emerging from lows
• Trend: Early reversal structure formation

⚠️ Invalidation:
A weekly close below the 0.00450 level would break the base and invalidate the current setup.

Key level to watch as price attempts to confirm a macro trend reversal.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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