Vechain Flashes Rare ‘Aggressive 13’ Buy Signal as Development Activity Spikes 620%

By Coin Edition
about 13 hours ago
VET READ RARE CIN
  • VeChain (VET) has flashed two rare TD Sequential buy signals on its daily chart, suggesting waning bearish momentum.
  • Development activity for the project has surged 620%, placing it among the top three most active blockchains.
  • A decisive close above the $0.0165 trendline could trigger a breakout toward targets of $0.0187 and $0.0205.

VeChain (VET) is showing early signs of a potential technical reversal after weeks of downward pressure. Market analyst Ali Martinez identified two rare buy signals on the token’s daily chart based on the TD Sequential indicator. These signals, an “aggressive 13” and a “red 9,” typically suggest that bearish momentum is waning and often precede a market rebound.

At the time of writing, VET trades around $0.0148, stabilizing after several volatile sessions that saw the token dip to $0.0133, as per CoinMarketCap data. However, the tradin…

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