Analyst Flags VeChain (VET) as a ‘Massive Opportunity’ in Accumulation Zone
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- VeChain trades below 20-week MA, forming a strong long-term accumulation setup.
- Double-bottom and Fibonacci targets hint at possible rally toward $0.068 and $0.12.
- Open interest rises 3.6%, showing growing investor confidence in VET’s short-term outlook.
VeChain ($VET) is quietly carving out a textbook accumulation pattern below the key 20-week moving average, a setup that analysts like Michaël van de Poppe are flagging as a significant long-term opportunity.
While the broader market chases short-term trends, VET’s chart is showing a classic double-bottom formation, suggesting patient capital is stepping in to build positions.
What Do the Charts Say About VET’s Next Move?
According to Michaël van de Poppe, projects with solid fundamentals are still trading under the 20-week MA, including VeC…
The post Analyst Flags VeChain (VET) as a ‘Massive Opportunity’ in Accumulation Zone appeared first on Coin Edition.
17h ago•
bullish:
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bearish:
0
Share
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