parissap

VET pullback to broken resistance

BINANCE:VETUSDT   VeChain / TetherUS
#VETUSDT
$VET broke out from a descending resistance line and now try to confirm it as support, here is another support zone that can hold #VET price above it. if bulls success to break out from the next descending resistance line I think $0.2 will be touched in midterm and $0.32 will be the long term target.
but a break below the support zone and long term ascending support line can drop the price to $0.06.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.