Markets· ★★· neutral·

VET Rises 5.18% but Volume Fails to Confirm the Turn

  • —VET rose 5.18% to $0.0071692, topping its VWAP and the 5-, 7- and 10-day SMAs
  • —Daily volume of $10.37 million is 32.23% below the 30-day average
  • —RSI at 43.4 and a bearish MACD offer no reversal signal
  • —Market cap is about $616.44 million, with VET 97.33% below its all-time high
Why it matters: A rally without volume confirmation is fragile, and with no clear catalyst VET risks sliding back.
#VET
Source: DiarioBitcoin
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