VET continues to remain under pressure within a persistent downtrend. While the price is stuck in a narrow range at the $0.01 level, bearish indicators and structural resistances support the downside momentum. Due to Bitcoin correlation, possible drops in BTC could drag VET even lower; a risky market structure prevails.
Executive Summary
Evaluating VET’s technical picture, we see clear downtrend dominance. The price continues to stay below EMA20 at $0.01, Supertrend is giving a bearish signal, and resistance is formed at $0.01. Although RSI at 39.58 is approaching the oversold region, MACD confirms weak momentum with a negative histogram. Multi-timeframe analysis identified 11 strong levels; numerical superiority of resistances in 1D, 3D, and 1W timeframes (total 9R/3S) reinforces the bearish bias. Volume is at a moderate $27.50M, but buyer participation is insufficient. The risk/reward ratio looks more attractive for the bearish target at $0.0051 (%-49). Despite Bitcoin’s uptrend, the Supertrend bearish signal serves as a warning for altcoins. Strategically, a break below $0.0095 support could trigger short positions; for longs, await a breakout above $0.0107. Access detailed data for VET Spot Analysis and VET Futures Analysis.
Market Structure and Trend Status
Current Trend Analysis
VET’s downtrend structure formed in higher timeframes (1W and 3D) remains intact. The price moved in a narrow $0.01 – $0.01 range with a %-8.60 change over the last 24 hours. This indicates momentum loss and insufficient buyers. In the short term, EMA20 ($0.01) acting as resistance is squeezing the price within the bearish channel. The Supertrend indicator is in bearish mode and highlights the $0.01 resistance; there is no trend reversal signal without a break above this level. The market sustains the downside momentum by preserving the higher highs/lower lows structure.
Structural Levels
Structurally, VET’s main downtrend channel is defined between $0.0179 (1W high) and $0.0051 (long-term low). In the short term, intermediate resistances at $0.0107 and $0.0117 are capping the price. On the support side, $0.0095 is critical; a break here could bring new lower lows. Multi-timeframe confluence yields 11 levels: 1S/3R in 1D, 1S/2R in 3D, 2S/4R in 1W. This distribution underscores the sellers’ structural superiority.
Technical Indicators Report
Momentum Indicators
RSI(14) at 39.58; in the neutral-bearish zone and approaching the 30 oversold line. This increases the chance of a short-term bounce, but there is no divergence and momentum is weak. MACD is bearish; the negative histogram is expanding, with no crossover above the signal line. The growing red histogram bars confirm seller pressure. Although the Stochastic oscillator signals oversold below %20, the overall momentum shows bearish confluence. This combination reduces short squeeze risk rather than signaling buys.
Trend Indicators
EMA cluster is bearishly aligned: Price below EMA20 ($0.01), with EMA50 and EMA200 also downward. EMA20 acts as dynamic resistance. Supertrend has given an ATR-based bearish flip, with trail stop at $0.01. In Ichimoku Cloud, price is below the cloud, no Tenkan-Sen crossover. ADX at 25+ indicates moderate trend strength, but -DI exceeds +DI. These indicators reinforce the downtrend’s solidity, emphasizing the need for a strong catalyst for reversal.
Critical Support and Resistance Analysis
Supports: $0.0095 (score 65/100, 1D/3D confluence, volume base). On break, $0.0051 bearish target (score 22). Resistances: $0.0107 (69/100, EMA20 confluence), $0.0117 (64/100, 1D pivot), $0.0179 (61/100, 1W high). These levels align with Fibonacci retracements (%38.2-$0.0107, %50-$0.0117). Price consolidation at $0.01 could trigger breakout/volatility. Multi-TF 11 levels, with resistance weight (%82R) supporting the bearish structure. To watch: Long bias if $0.0095 holds, short on break.
Volume and Market Participation
24h volume at $27.50M is moderate; decreasing volume profile during the recent drop signals seller dominance but also fatigue. OBV shows bearish divergence: OBV flat while price falls, implying buyer accumulation. VWAP at $0.0102 below price; institutional participation low. Exchange flows show net outflow, holders in HODL mode. Breakout difficult without volume spike; $30M+ volume would confirm reversal. Overall, the volume-supported downtrend continues.
Risk Assessment
Risk/reward: From current $0.01, bullish target $0.0161 (+%61, score 31) vs bearish $0.0051 (-%49, score 22). Short R/R 1:1.2 more favorable. Key risks: BTC drop trigger (%80 correlation), oversold bounce ($0.0095 hold). Volatility high (ATR %5+), suggested stop-loss above $0.0107/below $0.0090. Position size limited to %1-2 risk. Macro risk: BTC dominance rise crushes alts. Balanced view: Short bias %70, long %30 probability.
Bitcoin Correlation
VET correlates with BTC at %0.85; although BTC at $93,125 (-%2.09) is in uptrend, Supertrend bearish signals caution for altcoins. If BTC supports at $92,932/$90,949 break, VET tests $0.0095. Resistances $93,865/$95,532; rejection there risks VET short squeeze. BTC dominance rise pressures VET. Watch: BTC below $92k = VET bearish acceleration, above $95k = alt rally potential.
Conclusion and Strategic Outlook
VET’s technical chart is filled with bearish confluence: Downtrend structure, bearish indicators, resistance network, and low volume. Short-term test of $0.0095 likely; break opens path to $0.0051. For longs, $0.0107 breakout + volume confirmation required. BTC correlation critical; below $92k short, above $95k caution. Strategy: Short around $0.01 (TP $0.0095/$0.0051, SL $0.0107), long only with confluence. Market volatile, disciplined risk management key. Stay tuned for future analyses.
This analysis uses Chief Analyst Devrim Cacal’s market views and methodology.
Source: https://en.coinotag.com/analysis/vet-comprehensive-technical-review-january-19-2026-full-analysis


