🚀 VeChain Analysis: Navigating the Waves 📈

7 Oca

VeChain (VET-USD) is showing promise on the 4-hour chart. We are currently in an upward 5-wave structure, specifically in Wave 4. Waves 1 and 2 were completed on September 11, 2023. Following a strong surge for Wave 3, we've observed a recent pullback since the end of last year for Wave 4. I anticipate this wave to find support between 38.2% and 50%. Subsequently, Wave 5 could propel us to possibly reach $0.055 USD. I'll keep you updated as the situation evolves. The Bitcoin spot ETF decision in three days will likely be crucial. 🔍🚀