-6.46% for VeChain as price holds well below long-term average

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VeChain slides 6.46% today

Highlights

VET/USD is entrenched in a bearish trend across all timeframes, with persistent downward price action dominating recent sessions.
Momentum indicators including MACD, ADX, and RSI are deeply negative, confirming seller control and buyer exhaustion.
For the next 2–3 days, VET is likely to trade between $0.00461909 and $0.00502400, with strong downside risk if support breaks.

Support weakens as downside signals and high volatility converge

On the h1 timeframe, VET is trading below the MA-20 and MA-50, and it remains well below the MA-200 on the daily chart. Immediate resistance appears at the Ichimoku Kijun level of $0.00497300. MACD and ADX signals align to the downside, showing dominant selling pressure. Momentum indicators, including RSI, Stoch RSI, and CCI, register deep oversold conditions, while BBP reflects persistent seller dominance amid high intraday volatility. The Awesome Oscillator similarly reinforces the ongoing downward momentum.

Downside risk persists amid limited reversal potential in coming days

Over the next two to three trading days, VET is expected to remain within a volatility band of $0.00461909 to $0.00502400. The likelihood of a further downside move is high, while the probability of a substantial upward reversal is seen as very low. The baseline outlook is for continued ranging inside this corridor. Upside scenarios would require a break above the $0.00497300 resistance, while a breach below $0.00461909 would point to potential further losses.

Viktoras Karapetjanc, expert at Traders Union, sees continued weakness in VeChain (VET) as price action remains firmly below major moving averages and key resistance levels. Macro and sentiment signals confirm persistent selling pressure with no meaningful fundamental catalysts to shift momentum near-term. He maintains a constructive but patient stance for the upcoming sessions. "Until VET reclaims key resistance at $0.00497300, upside conviction remains limited, but I remain optimistic for a reversal if that level is broken."

In a recent review, VeChain was characterized by persistent bearish momentum despite episodes of intraday strength. The latest technical signals confirm this negative bias, and traders should be alert to the risk of a downward break below current volatility support as the primary downside scenario.

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.