Current Price: 0.00776

The $VET is doing well in the term. It bounced back from 0.00738. Is now moving towards 0.00780. This is the resistance level for the VET. The funding is negative which is -0.0079 percent. This means that there is a lot of pressure from people who are selling the VET.. This can actually help the VET go up if people who are buying can stay in control.

The open interest for the VET is still pretty low it is around 5.6 million USDT. This means that not a lot of people are trading the VET derivatives so it is not too crowded. The VET is showing some strength. It will be interesting to see what happens next, with the VET.

Trade Plan – Swing Long

Entry Zone: 0.00740 – 0.00760

Stop Loss: 0.00695

Targets:

• 0.00840

• 0.00920

• 0.01050

• Extended: 0.01200

Leverage: 3x–5x conservative

Risk–Reward: Approximately 1:3+ toward TP2–TP3

Setup Logic

The area between 0.00730 and 0.00740 is where people are buying. Long as the price stays above 0.00695 at the end of each day it is likely that the price of this thing will keep going up slowly. If the price goes above 0.00780 for sure it will probably start moving fast towards the area, between 0.0085 and 0.0090.

If the price goes below 0.00695 that is news, for people who think the price will go up. This would make the idea that the price is going to rise a lot weaker. The bullish thesis is not looking good if we go below 0.00695.

This is a structured swing opportunity — patience and disciplined risk management are essential in lower-cap volatility conditions.