MyCryptoParadise

VET/USDT descending channel upward move? 👀 🚀

Long
BINANCE:VETUSDT   VeChain / TetherUS

💎Paradisers! Our focus shifts to #VETUSDT as it navigates a descending channel, now nearing channel resistance with a strong bullish outlook.

💎 Throughout its path, $VeChain has been tracking along a descending channel but is currently setting its sights on the supply level at $0.05438. A breakthrough above the channel resistance and subsequent maintenance of upward momentum could herald a bullish journey towards the $0.05438 supply level. Surpassing this supply could open the doors to targeting even higher major supply zones.

💎 For the astute traders among us, should the upward trajectory begin to lose steam, keep an eye out for a potential bullish resurgence from the support level at $0.03812. Falling beneath this mark could indicate a transition towards bearish conditions.

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