- VeChain trades at $0.018 after losing key technical support zone.
- Analysts disagree on recovery potential as pressure builds near $0.019.
- Treasury value of $167.2M shows VeChain’s continued financial strength.
VeChain (VET) remains under pressure after breaking below a crucial support level. The token is now trading around $0.018, sparking a divided response among analysts regarding its near-term and long-term prospects.
Bearish Outlook from Technical Analysts
Crypto analyst TheCryptoYapper reported a bearish setup for VeChain after it fell under the $0.019–$0.020 support zone. The chart shows VET retesting this level as resistance, a move often seen before extended weakness.
According to the analyst, this breakdown could signal continued downside unless the price quickly reclaims the lost range. The descending trendline visible since March reinforces the current bearish structure. “VET broke a major support and is retesting it as resistance. This looks bad unless bulls step in soon,” he commented on social media.
Market observers note that traders are closely monitoring whether VeChain can regain momentum. A sustained move below $0.018 could pave the way for lower levels, while a recovery above $0.020 may ease short-term selling pressure.
At the time of writing, VeChain is trading at $0.01811, down 4.53% over the past 24 hours. Resistance stands near $0.0192, while support lies close to $0.0180, where consolidation appears to be forming.
Bullish Analysts Emphasize Long-Term Accumulation
In contrast, JChainsX, another market analyst, argued that VeChain’s prolonged sideways movement signals accumulation, not failure. He noted that every previous VeChain rally began within this same trading range.
“The long-term chart shows consistent accumulation over four years. Smart money loads when it’s boring,” the analyst said, suggesting patient investors may be positioning early for a potential breakout phase.
Strong Treasury Supports Development Plans
The VeChain Foundation’s project treasury value stands at $167.2 million. The foundation stated that it maintained “financial discipline” while rolling out roadmap upgrades.
Crypto commentator Zach Humphries remarked that $VET appears “underrated as we enter the final quarter of 2025,” citing multiple bullish catalysts ahead. Analysts responding to the update said VeChain’s stable financial position provides a solid foundation for its long-term ecosystem growth, even as short-term price action remains uncertain.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
