VeChain (VET) Breaks $0.008 Barrier: Bullish Momentum Signals 40% Upside

VeChain (VET) has faced months of pressure, forming lower highs and lows against USDT on Binance. A descending resistance has capped rallies near $0.020. Recently, VET briefly broke below $0.008 but quickly recovered, hinting at weakening selling pressure and a potential market stabilization.

The range of $0.0079-$0.0080 is consistent with the overall uptrend since 2018, providing more support. When the support of the short-term wedge pattern is combined with the historical support, there is a higher probability of a mid-term rebound.

According to analyst Brain2jene’ post from Feb 16, if VET holds above the support level and succeeds in overcoming the downward resistance line, it may target $0.0106 and then the $0.012-$0.014 range. However, a strong breakout below the 2018 trend line may cause VET to drop to the $0.006-$0.005 range.

Bullish Divergence Signals Potential Reversal

Momentum indicators point to a possible turnaround. The MACD indicator indicates a bullish divergence, where the price forms lower lows, and the momentum forms higher lows. The histogram bars are turning green, indicating that the bearish momentum is losing strength.

If the price is able to close above the important resistance level on a daily basis, it would be an indication of further upside and could lead to rapid buying as short sellers cover their positions.

Source: X

VeChain has performed better than Ethereum in the past few weeks, as it is up by more than 35% against ETH. It has been predicted that after a normal ABC correction, VET may go up by another 40% if the present positive indicators remain strong.

The behavior of VET in the descending wedge and its interaction with the long-term support level indicate that the market may transition from a bearish trend to a cautious buying trend.

Also Read: VeChain (VET) Holds Support: Breaking $0.015 Could Lead to $0.16 Rally

VeChain’s Focus on Verifiable Sustainability

Meanwhile, BubaChain highlighted that VeChain is more than just market actions. It is establishing itself as a blockchain that demonstrates tangible environmental efforts. Unlike other projects that focus on being green without hard data, VeChain allows businesses to log and trace their green efforts on the blockchain.

Transactions can be related to carbon emissions, energy consumption, or recycling, making it easier for businesses to comply with ESG regulations.

The Proof-of-Authority consensus algorithm used by the network consumes much less energy than traditional blockchains, so it is very beneficial for businesses to adopt.

Initiatives such as VeBetterDAO reward tokens to individuals and businesses for taking eco-friendly actions, such as recycling and making sustainable purchases. The IoT capabilities of VeChain allow businesses to monitor carbon footprints, sustainable supply chains, and waste management.

Also Read: VeChain Q4 2025 Breakdown: VET, VTHO, and DeFi Take Major Hit