VeChain (VET) is standing at a crucial point in its market cycle, trading at $0.02628 as of March 27, 2025. Over the past week, the price has shown a 6.63% increase, hinting at a potential recovery. However, the monthly trend remains negative, with a 14.05% decline, indicating underlying bearish pressure.

The market is at a turning point—will bulls push the price higher, or will sellers regain control?

Key Price Levels: The Battle Between Buyers and Sellers

VeChain (VET) movement in the coming days will depend on whether key support and resistance levels hold or break.

Support Levels (Where Buyers May Defend the Price)

• $0.0258 – A critical level that has held as support in recent sessions.
• $0.0252 – If selling pressure increases, this is the next zone to watch.
• $0.0243 – A deeper support that, if broken, could trigger more downside.

Resistance Levels (Where Sellers May Step In)

• $0.0285 – A key level; breaking above could trigger more bullish momentum.
• $0.0326 – A strong resistance that has rejected price movements in the past.
• $0.0382 – A breakout above this would confirm a shift to bullish dominance.

Market Indicators: What the Charts Are Revealing

• Bullish Harami Cross: A candlestick pattern suggesting potential reversal, but confirmation is needed.
• Elliott Wave Projection: A potential transition from corrective movement to a new upward trend.
• Fibonacci Analysis: The 38.2% retracement level at $0.0285 aligns with resistance, making it a key decision point.

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Predicted Price Action for the Next Week

Based on technical signals, there are two likely scenarios:

• Bullish Breakout: If VET maintains support at $0.0258 and pushes above $0.0285, it could gain momentum toward $0.0326. Increased volume and positive market sentiment would fuel this move.
• Bearish Continuation: If the price fails to hold above $0.0258, sellers may push it down to $0.0243. A breakdown here could indicate further downside.

A Defining Week for VeChain (VET)

VeChain (VET) is approaching a decisive moment. The next breakout or breakdown will dictate the short-term trend. Traders should watch for price action around key levels, volume shifts, and external market influences to navigate the next move effectively.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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