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Is VeChain’s bull RUN here? Key data suggests…

VeChain (VET) signals bullish growth with both mid-term and long-term targets for 2025. The monthly chart displays a classic Cup & Handle pattern, commonly linked to an upward trend. This pattern typically suggests an upcoming breakout. Currently, VeChain is priced around 0.05074 USD, with mid-term targets set at 0.11300 USD and 0.16515 USD.

The social prominence of VET has been increasing, indicating rising interest from investors and traders. Aligning with the Cup & Handle breakout pattern, this elevated social interest can lead to price rallies. The Greed & Fear Index is showing a neutral to slightly greedy sentiment, indicating a stable market environment supportive of growth for VET.

Open Interest in VET has seen consistent growth, indicating heightened engagement from both retail and institutional investors. This aligns with the potential upward trend indicated by the Cup & Handle formation. However, traders should remain cautious if Open Interest rises while prices stagnate, as it may signal speculative activity that could lead to corrections.

This is community-generated content, not advice from ONUS.
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