Elliott Wave Analysis — TradingLounge Daily Chart,
Vechain/ U.S. Dollar (VETUSD)

VETUSD – Elliott Wave Technical Analysis
Function: Trend Following
Mode: Motive
Structure: Impulse
Position: Wave II
Next Direction (Higher Degree):
Invalidation Level:

Vechain/ U.S. Dollar (VETUSD) — Trading Strategy:
Following the rebound from the $0.0212 low in major wave V, VET moved to a fresh peak of $0.0315 within sub-wave ⑤. The asset has since entered an A-B-C corrective phase, indicating a consolidation stage in the broader bullish wave structure.

Trading Strategies:

• Strategy Overview
     * For Short-Term Traders (Swing Trading):
        * Monitor for buying opportunities during dips between $0.022–$0.024, confirming with a reversal pattern.
     * Risk Management:
        * Place stop-loss orders below $0.018 to manage downside risk.

Elliott Wave Analysis — TradingLounge H4 Chart,
Vechain/ U.S. Dollar (VETUSD)

VETUSD – Elliott Wave Technical Analysis
Function: Trend Following
Mode: Motive
Structure: Impulse
Position: Wave II
Next Direction (Higher Degree):
Invalidation Level:

Vechain/ U.S. Dollar (VETUSD) — Trading Strategy:
After rebounding from $0.0212 in major wave V, VET reached $0.0315 in sub-wave ⑤ before initiating a correction in an A-B-C wave pattern. This development suggests the early consolidation stage within the continuing uptrend.

Trading Strategies:

• Strategy Overview
     * For Short-Term Traders (Swing Trading):
        Look to buy on dips between $0.022 and $0.024, pending confirmation from reversal signals.
     * Risk Management:
        * Set stop-loss beneath $0.018 to minimize risk.

Analyst: Kittiampon Somboonsod, CEWA — TradingLounge

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