VeChain (VET) Surges Past $0.030 with Bullish Momentum – Is $0.05 Next?
VeChain (VET) has broken through key resistance levels, currently trading around $0.0297 as bullish momentum accelerates. This breakout follows a consolidation phase, with technical indicators suggesting further upside potential. The Relative Strength Index (RSI) at 76.37 indicates overbought conditions, which may lead to a short-term pullback.
Both the MACD and Supertrend indicators support the bullish trend reversal. Key resistance levels to watch include $0.030, $0.033, and $0.035, with $0.050 emerging as the next major target. Market sentiment is shifting as volatility rises.