Summary
• Price moved between $0.01055 and $0.01096 amid increased volume and bullish 5-minute patterns.
• MACD signaled strengthening momentum while RSI hinted at overbought territory near $0.01096.
• Bollinger Bands expanded with price testing the upper band after a midday breakout.
• Turnover surged above $44,000, confirming the recent upward bias with no bearish divergence.
• Key Fibonacci levels at $0.01065 and $0.01091 showed retest activity and potential for consolidation or reversal.
24-Hour Price and Volume Activity
VeChain/Tether (VETUSDT) opened at $0.01055 on 2025-12-27 and traded between $0.01055 and $0.01096, closing at $0.01094 at 12:00 ET. Total volume reached ~55 million VET, with a notional turnover of ~$44,670, indicating rising buying pressure during key bullish hours.
Structure and Momentum
The 5-minute chart showed a bullish breakout in the midday session, with a clear retest of the $0.01091 Fibonacci level before pushing toward $0.01096. A 20-period and 50-period moving average crossed above the price around 08:00 ET, supporting the bullish bias. The MACD line stayed positive after 06:00 ET, reinforcing upward momentum. RSI hit 61.8 at the high, signaling overbought conditions, but no bearish divergence emerged between price and momentum.
Volatility and Key Levels
Bollinger Bands expanded significantly after 06:00 ET, with price testing the upper band at $0.01096, suggesting a volatile but controlled move. The 20-period volatility index reached a daily high during this period. Key support levels formed at $0.01075 and $0.01065, with the 61.8% Fibonacci level at $0.01065 acting as a strong magnet for buyers.
Volume and Confirmation
Volume surged sharply between 06:00 ET and 16:00 ET, especially between $0.0108 and $0.01096, with no signs of price-volume divergence. Notional turnover spiked above $19,000 during the 06:15–06:30 ET window, coinciding with the push toward the high. A large bullish engulfing pattern emerged at $0.0108–$0.01084, signaling a potential reversal from a prior downtrend.
In the next 24 hours,
may consolidate near the $0.01091–$0.01096 range, with a possible pullback toward the 50-period MA for confirmation. Traders should remain cautious of a test of the 61.8% Fibonacci level at $0.01065, where further support or breakdown could develop.
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