FieryTrading

🔥 VET Looking Into The Deep: Likely More Downside Ahead

Short
BINANCE:VETUSDT   VeChain / TetherUS
VET has been trading alongside the 2020 top for several months now, with the occasional wick below it.

Looking at the macro, it's likely that this support will give in at some point. Once we get a weekly close below this dotted support, I think we will see the next capitulation occur.

My bear-market low target is around $0.01, would be surprised if we will go much lower.

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