Market Overview for VeThor Token (VTHOUSDT): 24-Hour Analysis

• VeThor Token (VTHOUSDT) closed lower after a volatile 24-hour session marked by multiple failed resistance attempts.
• A bearish breakdown below 0.002185 confirmed renewed pressure, with momentum shifting to the downside.
• High volume and widening Bollinger Bands highlight increased volatility and potential for further directional moves.
• The RSI remains in oversold territory, suggesting potential for a short-term bounce, but trend remains bearish.
• Fibonacci retracements indicate 0.002150–0.002165 as a possible near-term support cluster.

VeThor Token (VTHOUSDT) opened at 0.002189 on 2025-07-22 at 12:00 ET and traded between 0.002222 (high) and 0.002107 (low) over the next 24 hours, closing at 0.002163 on 2025-07-23 at 12:00 ET. The total volume was 469,424,110.0 and notional turnover was approximately $1,018,813.00.

Structure & Formations

The 15-minute chart reveals a bearish breakdown pattern after a failed bullish attempt at 0.002222. Key support levels emerged around 0.002155–0.002165, with a bearish engulfing pattern forming at 0.002186–0.002182. A doji at 0.002182–0.002182 suggests indecision and potential reversal, though the bearish momentum appears to have taken control.

Moving Averages

On the 15-minute chart, the price closed below both the 20-period and 50-period moving averages, reinforcing a bearish bias. On the daily chart, the 50-period MA sits above the 200-period MA, suggesting intermediate-term bearish pressure.

MACD & RSI

The MACD turned negative in the late hours of the session, confirming a shift in momentum to the downside. The RSI dipped into oversold territory, indicating a potential bounce from 0.002147–0.002155. However, the bearish trend remains intact, and a sustained close above 0.002175 would be needed to confirm a reversal.

Bollinger Bands

Bollinger Bands expanded during the session, reflecting heightened volatility. The price traded near the lower band for much of the day, signaling oversold conditions. A rebound off the lower band may occur, but a break below 0.002150 could signal further weakness.

Volume & Turnover

Volume surged during the breakdown phase, particularly between 14:00 and 15:00 ET, with notional turnover peaking at $285,482.00. The divergence between price and volume in the final hours suggests weakening bearish conviction, but overall volume remains supportive of the downward move.

Fibonacci Retracements

Applying Fibonacci levels to the recent swing high of 0.002222 and low of 0.002107, key retracement levels include 38.2% at 0.002158 and 61.8% at 0.002183. Price appears to have bounced from the 38.2% level but failed to hold above 61.8%, indicating ongoing bearish pressure.

Looking ahead, traders may watch for a test of the 0.002150–0.002165 support cluster for potential short-covering or a rebound. However, a sustained break below 0.002150 could trigger a deeper correction. Investors should remain cautious of further downside volatility and consider stop-loss placements near 0.002145.