VET drops 7.9% in 24 hours but holds 65% monthly gain
- —VET fell 7.9% to $0.00734, with volume of $19.73 million — 11.22% below the 30-day average
- —RSI at 57.8 and MACD turned negative: short-term momentum weakened without oversold conditions
- —Over 90% of liquidations in 24 hours were longs, with about $223 million liquidated in total
- —The 200-day SMA at $0.00612 remains key support, with the VeChain network upgrade on September 16
Why it matters: The correction looks technical amid a broad deleveraging, but a failed CLARITY Act vote could send VET toward $0.0065–0.0070.
Source: DiarioBitcoin