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VET Price Action: Reading the Bearish Signals
The current chart setup doesn't look particularly constructive. Price action is adhering closely to what appears to be a bearish trajectory—nothing too surprising if you've been watching the broader market dynamics.
On the downside, we're eyeing the $0.0075 level as a realistic target if selling pressure intensifies. Think of it as the lower boundary worth monitoring.
Now, resistance levels keeping the downtrend intact sit in the zone between $0.0154 and $0.0208. These aren't arbitrary numbers—they represent where the selling interest has shown up repeatedly. Breaking through this range cleanly would be needed to shift the narrative, but for now, the bearish setup remains intact.