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VeChain / TetherUS

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VETUSDT trade ideas

VET Long VeChain Partners with UFC to Launch Tokenized Gloves, Will VET Rally? VeChain has announced a partnership with the Ultimate Fighting Championship (UFC) to introduce tokenized gloves. These gloves, equipped with near-field communication (NFC) chips, will track fight data and authenticate the gloves’ genuineness through the VeChainThor network. These gloves will debut at UFC 300 on April 13. They will be tokenized to record and preserve their history and data on VeChain’s blockchain. Post-fight, these gloves will serve as collectors’ items, the authenticity of which will be verified using smart contracts on the VeChainThor network. This step is considered an advance in sports memorabilia and also an improvement in fan engagement and sports integrity. Tagets 1-3 Marked
Long
by ThreeFinTony
1
VET/USDT bullish momentum from demand? 👀🚀Vechain analysis💎 Paradisers, let’s delve into the intriguing movement of #VETUSDT. Currently, it’s retracing and meticulously retesting a critical demand level at $0.04248. This level holds immense importance, and its ability to transition from a retest to a firm support could be a bullish signal. 💎 After successfully breaking out of a descending channel, the price of #VeChain is now confidently approaching the key demand level at $0.04248. If the price sustains its momentum at this level, we can anticipate a bullish reversal. With sustained upward momentum, the target lies above the formidable resistance at $0.061831. 💎 However, should the price of NYSE:VET dip below this pivotal zone, it’s crucial to adapt our strategy. We foresee a bullish rebound from the secondary support level at $0.03791. Failing to regain ground here could potentially lead to further declines. Stay vigilant and agile as we navigate these market fluctuations! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
VET/USDT A successful break the bullish flag, signal continue UP💎 VET has recently experienced notable market dynamics, currently facing resistance within a bullish flag pattern. 💎 A successful breakout from this pattern could signal a continuation of the upward movement, probability leading VET to test the next strong resistance area. 💎 However, if VET fails to break out of the pattern and faces rejection, there's a possibility of a retracement. In such a scenario, the price may retreat towards the support area around $0.034. 💎 VET must bounce from the support area if it intends to sustain the upward momentum. A failure to do so could indicate a shift to bearish sentiment, potentially leading VET to further downward movement.
by MyCryptoParadise
5