VeChain (VET) Soars: Could This Breakout Lead to New All-Time High?

Recent price action for VeChain (VET) has shown a surge, with VET experiencing a remarkable 27% increase in the past seven days. This impressive rally has ignited excitement among crypto enthusiasts about potential future price targets. The platform’s collaboration with major corporations like DHL, BMW, and Walmart further strengthens its bullish outlook. With technical indicators hinting at a bullish reversal, some analysts suggest a short-term target of $0.10 for VET’s price. 0.236 Fibonacci retracement level was also rejected, indicating a potential price target.