VET: local squeeze with $0.005452 destination
The Macro Picture 🗺️
VET unwound from the $0.008129 macro ceiling into a summer range and now sits at $0.004647, holding above the $0.004469 local low. Price is coiling just under its local high with the floor intact — a base rebuilding, not a breakdown.
The Setup ⚙️
The Range Floor 🟢
$0.004469 (Local Low) is the demand shelf, with $0.004256 (Macro Support) as the deeper backstop. Both have held, and that's the base this range pivots on.
The Decision Point 🔴
$0.004834 (Local High) is the gate. A daily close above it flips the local structure bullish and opens the path to the $0.005452 measured-move target.
The Roadmap 🛣️
Hold above $0.004469 → break $0.004834 → run toward $0.005452. Invalidation is a clean daily close below $0.004256 — that breaks the range.
This is a GRID Range Play: a defined band to rotate, buying the lower half and scaling out into the breakout.
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