Keeping an Eye on $VET! 📈 Potential Bullish Move Amid Pullback
💎VET is currently exhibiting a bullish market structure and undergoing a pullback.
💎If VETUSDT demonstrates an Internal Change of Character (I CHoCH), it could indicate a bullish move, especially since it has touched the previous resistance zone, which may now act as support after being broken.
💎In the event of a breakdown below this zone, a bounce can be expected from the supportive trendline, but confirmation is necessary before making any bullish decisions.
💎However, if both of these key bullish levels are breached, it would be considered a bearish scenario. It's advisable to refrain from trading until clearer price action for the bearish side emerges.
💎If VETUSDT demonstrates an Internal Change of Character (I CHoCH), it could indicate a bullish move, especially since it has touched the previous resistance zone, which may now act as support after being broken.
💎In the event of a breakdown below this zone, a bounce can be expected from the supportive trendline, but confirmation is necessary before making any bullish decisions.
💎However, if both of these key bullish levels are breached, it would be considered a bearish scenario. It's advisable to refrain from trading until clearer price action for the bearish side emerges.
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