Vechain price betting on crucial support to keep triggering bo | Apecoin_VeChain_Elrond
Vechain price betting on crucial support to keep triggering bounces
Vechain (VET) price is going nowhere as price action keeps pulling back to the support of the monthly S3 support level that has been pivotal this week. As markets are trading with thin liquidity through the holiday week in the United States, it looks like markets are not looking for cheap selling or a final rally for the year just yet. Instead, Vechain traders are using the S3 support for November as a honey pot, where they keep tapping up the volume to trigger pops higher, with the honey pot starting to dry out. Vechain price cannot trade away from $0.01848, the value of the monthly S3 for November. It acted as resistance first after VET broke below it on Sunday and got rejected when trying to break above it on Monday.
