VET is correcting from the 0.14$ area and the correction target might be the 0.11$ and 0.1$ area and then it will continue to increase strongly again to the 0.16$ and 0.2$ zones. However, if the $0.1 zone is lost, it will continue to fall to the $0.08 zone

📈RED PLAN
🔴Buy : 0.107-0.113$ 🔴Buy : 0.0975-0.1025$. SL if B
📉BLUE PLAN
🔴Sell : 0.156-0.164$. SL if A 🔴Sell : 0.195-0.205$. SL if A
🟣PURPLE PLAN
🔵Sell : 0.0975-0.1025$ if B. SL if A 🔵Buy : 0.078-0.082$. SL if B
❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • VeChain Thor (VET) is blockchain with the posited goal of "solving real world economic problems".
  • VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism, based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities.
  • The core protocol of the Vechain Thor blockchain has four meta transaction features: Controllable Transaction Lifecycle, Multi-Party Payment (MPP), Multi-Task Transaction (MTT), and Transaction Dependency.
  • VeChain has two kinds of tokens, VeChain Token (VET) and VeThor Token (VTHO). While VET has a fixed supply of ~86.7bn token, VTHO is issued as a block reward for VET staking AMs. VTHO is required for smart contract and transaction executions. Consensus is achieved on a threefold-level: (1) technical level, (2) business level, and (3) governance level.
  • The issuance of VTHO is adjusted via the on-chain governance model to stabilize the fiat-denominated transaction costs. This clear governance model differentiates between three kinds of voters with various operational permissions.