VET-USD | Market Overview Price: around $0.0073 Current situation: • Trend: up short-term — 11.62% bounce from 26-day low of $0.0067, with price now near 0.236 Fib level after minor drawdown • Momentum: bullish lean — MACD positive histogram and line above signal, RSI neutral at ~53.88, price above all key moving averages • Volatility: moderate — average daily moves ~$0.00019 support controlled recovery without extreme swings Key levels: • Support zone: $0.0070 – $0.0071 (Fib 0.618–0.5 confluence + structural demand area) • Resistance zone: $0.0073 – $0.0075 (Fib 0.236 + recent high / immediate overhead supply) • Invalidation below: $0.0069 (break here challenges the short-term bullish shift) Possible scenarios: 1. If price holds above support and momentum builds → extension toward resistance becomes realistic (bullish MACD + price above EMA-7/SMA-13/SMA-21) 2. If resistance rejects strongly or support fails → short-term pullback probable (neutral RSI + moderate volatility could trigger mean reversion) This is information only — not trading advice. #VET #Crypto

Share







Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.