Date: Fri, Sept 19, 2025 | 06:20 AM GMT
The cryptocurrency market today is undergoing a mild retracement from its initial post–Fed rate cut surge, with Bitcoin (BTC) and Ethereum (ETH) both trading slightly in the red. Meanwhile, several altcoins are flashing bullish setups — including VeChain (VET).
VET is trading in green with modest gains, but beyond the price action, the chart is revealing a key development: the token has confirmed a breakout from a bullish continuation pattern that could pave the way for more upside.
Cup and Handle Breakout
On the 4H chart, VET has successfully broken out of a Cup and Handle formation — one of the most reliable bullish continuation patterns often followed by strong upward moves.
The pattern began to form after VET was rejected at $0.02540 last week, which triggered a pullback into consolidation and created the “handle” portion of the setup. Buyers stepped in at the key support zone near $0.02330, which also aligned with the 100-day moving average (MA), providing a solid foundation for the next move.
With today’s recent, VET has confirmed a breakout above the neckline resistance zone between $0.02510–$0.02540. The token is now trading just above this level, signaling upside momentum.
What’s Next for VET?
If VET sustains above the neckline resistance, the breakout projection points toward an upside target of $0.02841 — nearly 11% higher from current levels. This would mark a significant step in strengthening VET’s upside trend.
On the downside, a drop back below the neckline zone could risk invalidating the pattern and result in a fake breakout, delaying the bullish momentum.
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