The news highlights the bullish potential of Vechain (VET), with a potential breakout rally that could push prices to $0.10. VET has shown significant potential among top performers, with a recent jump of 3.43%. The VET price action has gone through a pullback phase after a massive surge in November and early December 2024, but has found support near the $0.040 level. The current price of VET is $0.05201, and it is challenging resistance at $0.05425. The positive alignment of critical EMA lines and the recovery run last week have strengthened the bullish outlook for VET. A breakout above the 23.60% Fibonacci retracement level at $0.05660 could trigger the next rally, potentially leading to the $0.10 milestone. Key support levels are at $0.040, with the 200-day EMA at $0.03563.
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