Here’s the Bullish Falling Wedge Pattern Analyst Carter Sees for VET

• VeChain (VET), Layer 1 platform, sees price dip ~7% (~$0.022) despite positive news like MiCA approval, Dana White role
• Carter’s analysis includes upside VET price targets up to $0.0570 should the bullish falling wedge breakout confirm
• Immediate VET technicals remain weak (RSI ~41, near lower Bollinger Band), testing the analyst’s bullish breakout thesis

Layer 1 smart contract platform VeChain (VET) has secured the coveted MiCAR license, a big step meant to boost confidence and open up operations across 27 European nations. 

Adding to the positive news, the project also brought influential UFC President Dana White onboard as an advisor, aiming for wider mainstream attention. 

What Other Developments Support VeChain?

These weren’t the only positive developments. VeChain partnered with Stella Pay on a new VeBetterDAO Visa card. This card lets users spend B3TR, VET, and VTHO tokens directly using the global Visa network. VeChain even offered early card users a 200 B3TR token bonus.

Related: July Could Be Big for VET: Analyst Eyes Significant Gains After VeChain Upgrade

And just this past Monday, major exchange Bybit also listed VET, expanding tradin…

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