Market Overview for VeChain/Tether (VETUSDT)

Summary
• Price action formed a bearish breakdown from a 5-minute consolidation pattern near 0.0124–0.0125.
• Volume surged during key declines, reinforcing bearish momentum.
• Bollinger Bands show a recent expansion, indicating rising volatility.
• RSI remains in oversold territory, suggesting potential for a short-term rebound.
• Fibonacci levels at 0.01203 (61.8%) and 0.01219 (38.2%) may act as near-term supports.

VeChain/Tether (VETUSDT) opened at 0.01252 on 2026-01-14 at 12:00 ET and closed at 0.01204 on 2026-01-15 at 12:00 ET, with a high of 0.01255 and a low of 0.01153. Total volume amounted to 138,665,895.7 and notional turnover reached 1,648,601.5.

Structure & Formations

Price carved out a descending pattern on the 5-minute chart, with bearish engulfing and bearish harami formations emerging in the 19:45–20:00 ET range. A key support zone appears at 0.01203–0.01208, as confirmed by a bullish rejection in the 05:45–06:00 ET window.

Moving Averages

The 20- and 50-period moving averages on the 5-minute chart remain bearish, with the 50-line crossing below the 20-line. Daily moving averages (50, 100, 200) are yet to be updated but are expected to show a gradual bearish tilt.

MACD & RSI

MACD showed bearish divergence during the late-night decline, while RSI hit oversold levels (under 30) in the early morning, suggesting potential for a near-term bounce.

Bollinger Bands

Volatility expanded significantly from mid-night onward, with the 20-period Bollinger Bands widening. Price action recently retested the lower band at 0.01153–0.01167, indicating heightened risk of a short-term rebound.

Volume & Turnover

Volume spiked during key downswings, especially after 02:45–03:30 ET and again around 16:00–16:45 ET. Turnover confirmed the bearish momentum, with the largest single 5-minute turnover occurring at 15:45 ET.

Fibonacci Retracements

Recent 5-minute swings (from 0.01255 to 0.01203) show Fibonacci levels at 0.01219 (38.2%) and 0.01203 (61.8%) as potential support. On the daily chart, Fibonacci levels from the 0.01255–0.01153 move may influence sentiment if a recovery occurs.

Price may consolidate around 0.01203–0.01208 in the next 24 hours, but a test of the 0.01165–0.01171 zone could unfold if short-term bullish momentum fails to materialize. Investors should monitor volume confirmation and RSI divergence for early signs of reversal.