Hey there, On the 4-day timeframe, VETUSDT has initiated an uptrend from the $0.020 range, reaching the descending trendline resistance at $0.045. Currently, the price is attempting to break this trendline. The overall market outlook suggests a bullish sentiment in the medium and long term.
Expectations:
If the price establishes above the descending trendline:Potential growth targets are $0.060 and 0.070.Rejection and pullback from these levels may set the stage for further bullish continuation toward higher targets.
If the price fails to break above:Corrections toward the $0.033 and $0.030 levels are possible. These levels could act as significant support zones for a rebound and continuation of the uptrend.
This analysis highlights potential buying opportunities for medium- and long-term investors.
π‘ Keep in mind, this is just my personal perspective and shouldn't be considered as financial advice. Iβd love to hear your thoughts and engage in a discussion!
Happy trading!βπ Feel free to reach out if you have any questions or need more clarification. I'm always here to assist!β If you want any further adjustments, just let me know!
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