Markets· ★★· bearish·

VeChain (VET) Falls 4.75% to $0.00685, Slipping Below Short-Term Averages

  • —VET trades at $0.0068545, down 4.75% on the day
  • —Price sits below SMA-7, SMA-30 and SMA-50; RSI at 39.4
  • —Daily volume of $10.86 million is 20.51% below the 30-day average
  • —SMA-200 at $0.0062946 remains the long-term support reference
Why it matters: VET is still holding above its SMA-200, but thin volume and a bearish MACD offer no reversal signal, so traders should wait for price and volume confirmation.
Source: DiarioBitcoin