VeChain Breaks Out, But Will a Bounceback Occur?

The cryptocurrency market is experiencing strong bullish momentum, with Ethereum leading the charge. ETH has soared over 62% in the past month and is nearing its highest point of $2,550. This positive trend also impacts VeChain (VET), which is currently showing monthly gains exceeding 31%. However, recent price drops have triggered a retesting of a key breakout – suggesting a potential bounceback might be near.