VeChain / TetherUS
Long

#VET/USDT

53
#VET

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.

We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.02086.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.

We are heading towards stability above the 100 Moving Average.

Entry price: 0.02160
First target: 0.02226
Second target: 0.02274
Third target: 0.02344

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