VET slides below major support levels as sellers dominate and indicators suggest high probability of further losses

Traders Union
All News
Crypto News
VeChain slips 2.27% this week

Highlights

VeChain (VET) trades at $0.00818 below MA-20 ($0.00837), MA-50 ($0.01009), and MA-200 ($0.01666), indicating persistent multi-term downward pressure.
Momentum signals are firmly bearish with MACD and ADX confirming strong selling, while RSI at 43.56 and Stochastic RSI at 79 show no immediate oversold condition.
Key dynamic support lies at $0.00863 (Kijun), resistance at MA-20/MA-50, and the likely price corridor for the next five days is $0.00740–$0.00870 with >80% probability of downside continuation.

Bearish technical posture deepens as VET stays under long-term resistance

On the weekly chart, VET trades below all major weekly moving averages with the MA-20, MA-50, and MA-200 serving as overhead resistance levels. Nearest dynamic support sits at the Ichimoku Kijun around $0.00863, while resistance is likely to be encountered near the MA-20 and MA-50 as the price remains well below these benchmarks. Weekly momentum indicators are bearish overall: the RSI (W1) is at 43.56 and trending weaker, while the CCI is neutral. Despite some intraday buy signals from Bull/Bear Power, the Awesome Oscillator is neutral, and the MACD and ADX point to continued selling pressure.

Sideways bias likely this week as range boundaries face breakout risk

For the next five to seven trading days, the most probable scenario is for VET to continue trading sideways within a $0.00740 – $0.00870 range as bulls and bears test the boundaries. A breakout above $0.00870 would be required for any upside momentum to develop, while a drop below $0.00740 could open the way to further declines toward recent lows. Based on weekly indicators, there is a high probability of further price pressure, with bearish outcomes more likely amid the current technical setup.

Viktoras Karapetjanc, Traders Union expert, sees VeChain (VET) navigating a challenging week, with the price holding below all primary moving averages and facing ongoing bearish pressure. He notes that while downward trends and weak momentum indicators dominate, the macro context and overall market structure still present potential for bullish surprises if conditions improve. Karapetjanc points to the $0.00740 – $0.00870 corridor as a decisive range, with a breakout above resistance as a signal to watch for upside opportunity in the coming week. He remains confident that even in a pressured environment, volatility can offer tactical setups for adaptive traders. "With most of the downside risk now priced in, I believe a break above $0.00870 could quickly shift sentiment and unlock fresh growth opportunities for VET this week."

Last time, analysts noted that VeChain is trading firmly below all major moving averages, with bearish momentum reinforced by negative oscillator readings and persistent selling pressure. The asset faces key resistance at the Ichimoku Kijun and limited support just above intraday lows, while technical indicators such as the MACD, ADX, and RSI all point to weak buying interest and elevated downside risk.

Source of Data: VET Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.