Will VeChain (VET) hit $1 in 2022? 🚀 Let's check out what resistance levels are blocking its way!👇 By CMCAlexandria Author: TraderScarpa Editor: YousraAASheikh vechainofficial
structure. This could then give it the momentum to move through the trendline for a much larger move. However, right now, it is likely that the price will get rejected and test the 0.061 level. This level should hold if there is still bullish momentum.
. Although being short-term bearish on the pair is wise. The price has broken its bearish market structure recently, therefore, longing any dip would make sense. Areas around 0.00002 would provide a good entry.. After breaking the supply zone at 0.0625, it is now moving forward to break the 0.083 level.
VET/BTC 1-day chart has been in a consistent macro downtrend for almost a year now that has been broken recently. Providing that the retest of the 160 sats supply zone sparks more buying interest, the next level of interest is 215 sats.
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