$VET
🚨 VET is showing a breakout attempt, but the
next level could decide whether this move has real follow-through.
$VET is trading around $0.007578, up 5.63%, with a 24H high of $0.007616 and low of $0.007095. On the 4H chart, price is holding above MA7 $0.007394, MA25 $0.007341 and MA99 $0.007296, keeping the short-term structure constructive.
Key numbers:
1️⃣ Resistance: $0.007616 → $0.007647
2️⃣ Support: $0.007513 → $0.007394
3️⃣ Stronger support: $0.007341 → $0.007296
4️⃣ 24H VET volume: 192.17M
Futures data also shows positive funding around 0.0085%, while open interest was about $48.24M in the latest reported session.
The move also comes shortly after VeChain’s Interstellar network upgrade and hard fork, which Binance supported on September 16.
My take: VET needs a clean 4H close above $0.007616–$0.007647 to strengthen the breakout structure. Losing $0.007394 would weaken the setup.
Do you think VET can hold above $0.0076 and continue the move?
#VET $VET #Write2Earn
🚨 VET is showing a breakout attempt, but the
next level could decide whether this move has real follow-through.
$VET is trading around $0.007578, up 5.63%, with a 24H high of $0.007616 and low of $0.007095. On the 4H chart, price is holding above MA7 $0.007394, MA25 $0.007341 and MA99 $0.007296, keeping the short-term structure constructive.
Key numbers:
1️⃣ Resistance: $0.007616 → $0.007647
2️⃣ Support: $0.007513 → $0.007394
3️⃣ Stronger support: $0.007341 → $0.007296
4️⃣ 24H VET volume: 192.17M
Futures data also shows positive funding around 0.0085%, while open interest was about $48.24M in the latest reported session.
The move also comes shortly after VeChain’s Interstellar network upgrade and hard fork, which Binance supported on September 16.
My take: VET needs a clean 4H close above $0.007616–$0.007647 to strengthen the breakout structure. Losing $0.007394 would weaken the setup.
Do you think VET can hold above $0.0076 and continue the move?
#VET $VET #Write2Earn