VeChain (VET) has seen a recent recovery and is expected to experience further market recovery in the coming weeks. The cryptocurrency has formed a descending wedge pattern, indicating that an upward price movement is likely. VET has experienced a 10% price increase in the last day, with higher volatility suggesting increased market engagement. The cryptocurrency has tested its long-term trendline multiple times, which could lead to upward momentum once selling pressure decreases. Trading volume is rising, indicating growing investor interest. If current trends continue, VeChain may break through resistance levels and reach prices between $0.035 and $0.040. However, profit-taking and cryptocurrency market volatility should be considered. The future development of VeChain will be influenced by factors such as changes in the Bitcoin market and general economic circumstances. Short-term traders and investors are awaiting confirmation indicators to initiate new trades. Overall, the technical configuration of VeChain suggests an upward market recovery trend.



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