VET/USDT Breakout the key area resistance. Bullish Momentum !!

💎 VET has been a significant point of interest in the market, recently achieving a notable breakout from a strong resistance area, signaled by a robust green candle. This development represents bullish momentum for VET's midterm movement, suggesting the possibility of a retest at the support level, which was previously a resistance area, before advancing further upwards. The next probability target for VET could be our identified bearish OB area.

💎 However, during the retesting phase at the support, if VET fails to demonstrate a bounce and instead breaks below this level, it could indicate a false breakout. This scenario would typically lead to a downward movement, with the next critical level being the lower demand area.

💎 The demand zone becomes crucial in this context. For VET to resume its upward trajectory, it is essential for it to bounce back robustly from this area and attempt to reclaim the resistance level. A lack of a positive response in the demand area, especially if it leads to a breakdown below this level, could signal a shift back to a bearish trend for VET. This could potentially lead to further downward movement towards a stronger support area.

Trade closed: target reached:

Boom! #VET is doing just what we said. Up 104.53% and looking good!