VeChain's Double Bottoms: Bullish Puzzle Facing Investors

VeChain (VET) has a double bottom pattern and may show a bullish reversal, which is confirmed by trading volume that breaks through the neckline and continues to rise. Technical indicators such as RSI and MACD support the upward momentum, while the increasing popularity of supply chain and enterprise applications also supports the fundamentals. The overall trend in the cryptocurrency market may further affect the trend of VET, but caution is recommended.