VeChain | Massive Upside Potential

VET Previous Analyzes https://www.tradingview.com/chart/VETUSDT.P/FxnXTjVJ-The-Sleeping-Giant-Awakens/

Now I think another opportunity is coming.

1. Importance of the Red Box Resistance

• Key Level Confirmation: If this resistance is broken with strong momentum and volume, it likely signals that VET has overcome a critical supply zone. This often serves as a launchpad for further upside.
  
• Psychological Shift: Breaking a notable resistance can attract new buyers and trigger short covering, accelerating upward movement.
  

2. Entry Point and Positioning

• Previous Recommendation at $0.045: Your call around $0.045 was a solid entry point in hindsight. Those who followed it are now in a position of strength.
  *Re-Entry Strategy: For those looking to "upload" again, targeting a pullback to support zones post-breakout (if the red box is cleared) can be an effective strategy. Use Fibonacci retracement levels or prior consolidation zones for precision.

3. Bullish Scenario Validation

• Volume Confirmation: A breakout above the red box should be accompanied by significant volume to confirm the move isn't a false breakout.
  
• Macro Factors for VET: Consider VeChain's fundamentals, such as partnerships, enterprise adoption, and developments in blockchain supply chain solutions. Positive news can fuel the rally further.
  

4. Long-Term Vision for VET

• Next Resistance Levels: Identify key targets for profit-taking or psychological resistance zones (e.g., $0.10).
  
• Spot Holdings Strategy: For long-term holders, accumulating in green zones while focusing on the macro bullish narrative of VET is a sound approach.
  

I keep my charts clean and simple because I believe clarity leads to better decisions.

My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.

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