VET Bulls Eye Higher Prices as VeChain Faces Crucial Resistance
VeChain's VET is making a comeback after reclaiming its 20-day exponential moving average, indicating improving short-term momentum.
This move often signals that buyers are gaining confidence and may lead to higher prices.
However, resistance zones remain a challenge, with the neckline of an Inverse Head & Shoulders pattern now acting as key resistance.
A breakout above this level could shift momentum in favor of buyers, but failure to do so may encourage sellers to regain control.