VET/USDT Bullish Pennant Break-Out

VET/USDT broke through the pennant a few days ago. Since then, the price has been consolidating around 2 cents. I believe that VET is currently in a distribution phase where buyers and sellers are loading up, preparing for a big move.

Since the upside break of the pennant was as strong as it was, bullish sentiment has all but vanished.

I placed two potential targets on the chart, one on 0.028 cents (ATH) and one on 0.035 (round number). Do your own DD to find the targets which suit you best.

Komen:

0.028 resistance should be 0.026, placed at the ATH.