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VeChain (VET) Targets $0.12 as Bullish Technicals Gain Momentum
VeChain (VET) Targets $0.12 as Bullish Technicals Gain Momentum
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[TRADE_PLUGIN]VETUSDT,VETUSDT[/TRADE_PLUGIN]
VeChain VET News -
VeChain's VET token has risen 6% from key support levels, now trading at $0.03, with bullish technical patterns suggesting a potential surge to $0.12. The rebound is supported by increasing trading volume and growing institutional interest, while the Relative Strength Index (RSI) at 52.53 indicates further upside potential.
Traders are monitoring the double-bottom pattern and Fibonacci retracement levels that fueled the rally. Additionally, the Proof of Authority 2.0 upgrade continues to spark discussions within VeChain's active community, adding fundamental support to the technical bullish outlook.
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