VET retreats with RSI showing negative momentum and resistance at $0.00735: weekly forecast

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VeChain slips 4.48% over the week

Highlights

VeChain trades below key moving averages, reflecting sustained selling pressure across medium- and long-term horizons.
Bearish momentum dominates with negative MACD and strong ADX, though some oscillators show conflicting signals, indicating market indecision.
Price is expected to range between $0.00715 and $0.00735 next week, with low probability of upside and risk of further losses if $0.00715 breaks.

Ecosystem upgrades and enterprise integrations drive optimism this week

VeChain has launched a new blockchain explorer as part of its 2026 roadmap, reinforcing its network infrastructure and supporting advanced AI-driven Web3 workflows. The network is currently processing over one million sustainability proofs each week and reports 13 billion VET held in staking across more than 50 applications. Recent corporate activity includes enterprise integrations in supply chain management, luxury goods authentication, and a regulated custody partnership with Crypto.com, while the VeBetterDAO platform aims to expand real-world sustainability adoption.

Bearish momentum dominates as VET tests range-bound support and resistance

Technical analysis on the weekly timeframe points to a persistently negative trend, with VET well beneath all major moving averages (MA-20 at $0.008116, MA-50 at $0.015300, MA-200 at $0.024130). Weekly support is identified around $0.00715 and resistance near $0.00735, matching the lower and upper bounds of the recent range. Bearish momentum is underscored by a negative MACD, an ADX at 30.7 indicating a strong downtrend, and RSI at 36.13, which shows negative momentum without reaching oversold territory. Divergences among the Stochastic RSI (overbought) and CCI (neutral) signal internal disagreement, while Bull/Bear Power leans modestly bullish but remains weak overall.

Sideways outlook likely as downward bias and weak buy signals persist

Over the next 7 days, VeChain is expected to trade in a narrow band between $0.00715 and $0.00735, with a sideways movement most likely as weekly momentum indicators continue to favor the bears. There is less than a 20% chance of a sustained breakout to the upside due to the lack of technical buy signals. A bullish scenario would require a decisive close above $0.00735 to signal short-term recovery, but the prevailing trend favors further consolidation or downside. If VET falls below $0.00715, additional declines could follow as selling pressure intensifies.

Viktoras Karapetjanc, Traders Union expert, believes VeChain demonstrated resilience despite a 4.48% decline this week, with notable progress in network infrastructure and enterprise integrations. He sees strong fundamentals developing, such as the new blockchain explorer and consistent corporate partnerships, which lay the groundwork for future upside. However, the asset remains under bearish technical pressure, trading below major moving averages, but consolidation inside the $0.00715–$0.00735 range keeps further growth opportunities on the table. As the momentum base builds and network utility increases, a bullish scenario could develop with a break above resistance. "I view the current sideways phase as an accumulation window, and with VeChain's real-world focus, the market offers multiple bullish setups in the coming week."

Earlier, analysts noted that VeChain was entrenched in a persistent bearish trend with little evidence of a near-term reversal. The latest developments—both technical and fundamental—reinforce this broader cautious outlook, with a close below weekly support at $0.00715 emerging as a critical downside risk that could accelerate selling momentum.

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

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