CryptoStation

🆓VeChain (VET) May-24 #VET $VET

Long
BINANCE:VETUSDT   VeChain / TetherUS
The buying force has came back to VET and 0.09$ zone is its important support for a recovery up to 0.13$ and 0.16$ zone.

0.16$ zone is very strong and a selling pressure at this zone is very high and could push VET down again. But if successful at this zone, this recovery wave will change into a rally up to 0.23$ zone.

But if it loses this 0.09$ zone, it's extremely bearish again

📈BUY
-Buy: 0.085-0.09$. SL if B

📉SELL
-Sell: 0.126-0.134$. SL if A
-Sell: 0.156-0.164$. SL if A
-Sell: 0.23-0.24$. SL if A

♻️BACK-UP
-Sell: 0.085-0.09$ if B. SL if A
-Buy: 0.058-0.062$ if A. SL if B

❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
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