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VeChain (VET) Eyes $0.056 Breakout as Price Bounce Off Key Support

  • VeChain (VET) is bouncing from a major support zone near $0.0185 on the daily chart, showing signs of a potential breakout above descending triangle resistance.
  • RSI recovery from oversold levels signals weakening sellers and growing buyer interest in VeChain (VET).
  • Potential VET price targets include $0.024, $0.027, $0.031, and up to $0.056 as traders eye critical resistance levels.
  • The technical setup for VET indicates hope for a change in direction, with the possibility of significant movement if momentum is sustained, attracting both long-term investors and short-term traders.

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