VeChain price prediction: $0.00504237 support in focus as VET sinks 8.08%

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VeChain drops 8.08% today to $0.00527

Highlights

VET/USD trades below key moving averages and remains locked in a pronounced downtrend across all observed timeframes.
Momentum indicators confirm strong bearish sentiment, with severe oversold conditions and ongoing selling pressure dominating the setup.
Price is expected to range between $0.00504237 and $0.00549763 over the next 2–3 sessions, with a high probability of further downside.

Multiple technical signals reinforce bearish pressure amid oversold stretch

VET/USD trades below the MA-20 ($0.00553510) and MA-50 ($0.00561674) on the hourly chart, with the price decisively lower than the long-term MA-200 at $0.00895306. The Kijun level stands at $0.00550700, which now acts as immediate resistance. Bearish sentiment is reinforced by momentum indicators: MACD, ADX, and AO all indicate ongoing selling activity, while RSI at 30.91 and oversold readings on both Stoch RSI and CCI signal pronounced oversold conditions. Intraday, BBP Sell points to marked seller dominance, and VET is near session lows amid heightened volatility.

Downside risk elevated as rebound unlikely without resistance break

Over the next two to three sessions, VET is expected to fluctuate within the $0.00504237 to $0.00549763 range, representing a typical volatility band relative to current levels. The probability of further declines remains high, with rebounds considered unlikely without a move above immediate resistance. A drop below established support would extend the downward trajectory, while a stabilizing scenario would see prices consolidating within the stated range.

Anton Kharitonov, expert at Traders Union, sees persistent bearish momentum in VeChain as technical signals point to continued selling pressure. He notes that VET remains firmly below key moving averages and immediate resistance, with indicators confirming oversold but vulnerable conditions. The analyst expects further downside risk unless a recovery above resistance emerges. "As long as VET stays under $0.00550700, I remain cautious — the path of least resistance is still down."

Earlier, analysts noted that VeChain was experiencing sustained bearish pressure with little sign of imminent recovery. The latest price action not only reaffirms the prevailing negative momentum but also heightens the need for traders to monitor volatility-driven moves below current support as a risk for further declines.

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

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.