VEMP/USDT Technical Analysis Chart Update
#Vemp/USDT Analysis:-
Let's start with the Higher time frame view.
Forming a Bullish Falling Channel since 21st Nov and we had a good breakout.
and currently at the point of the retest.
The high probability of an upward rally as soon as a retail investor will see the bottoming structure and they will start getting into this.
On the other hand,
by looking from a S&D ( Supply & Demand ) perspective...
Price is currently consolidating in a daily demand which is a bullish sign of accumulation is taking place, a break of structure in a low time frame will trigger the upward rally and a good green volume is expected.
You can Accumulate some here at Daily Demand zone.
Support:- $0.075 / $0.060
Resistance:- $0.091/$0.121/$0.187/$0.3/$0.5/$0.65
Resistance = Targets
Let's start with the Higher time frame view.
Forming a Bullish Falling Channel since 21st Nov and we had a good breakout.
and currently at the point of the retest.
The high probability of an upward rally as soon as a retail investor will see the bottoming structure and they will start getting into this.
On the other hand,
by looking from a S&D ( Supply & Demand ) perspective...
Price is currently consolidating in a daily demand which is a bullish sign of accumulation is taking place, a break of structure in a low time frame will trigger the upward rally and a good green volume is expected.
You can Accumulate some here at Daily Demand zone.
Support:- $0.075 / $0.060
Resistance:- $0.091/$0.121/$0.187/$0.3/$0.5/$0.65
Resistance = Targets
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