#VET/USDT#VET
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.02600.
We have a downtrend on the RSI i
VETUSDT: trend in daily time framesThe color levels are very accurate levels of support and resistance in different time frames, and we have to wait for their reaction in these areas.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
Be careful
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VeChain Range & Structure AnalysisBINANCE:VETUSDT has been range-bound since November 2023, with very clear levels.
Key Zones
• Weekly Demand Zone: $0.019–$0.022 — major support with multiple rebounds.
• Weekly Supply Zone: $0.045–$0.055 — strong resistance dating back to early 2024.
• Midrange / HVN: ~$0.037 — heavy volume area
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