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Summary
• VET/USDT tested key resistance and support levels amid a volatile 24-hour swing.
• MACD and RSI suggest bearish momentum, with price near a 61.8% Fibonacci retracement.
• Volume spiked during downward moves, confirming bearish sentiment.
• Price action shows bearish engulfing patterns and weak follow-through on rallies.
• Volatility expanded near the end of the 24-hour period, with price near the lower Bollinger Band.
VeChain/Tether (VETUSDT) opened at $0.0126 on 2026-01-06 at 12:00 ET and closed at $0.01218 on 2026-01-07 at 12:00 ET, with a high of $0.01289 and a low of $0.01209. Total traded volume was 60.5 million VET, with a notional turnover of $742,536. The price action shows a bearish bias with confirmation from volume and momentum indicators.
Structure & Key Levels
Price traced a sharp bearish move from $0.01289 to $0.01209, testing key levels along the way. Resistance at $0.0125–$0.0128 and support at $0.0122–$0.0124 were confirmed by bearish engulfing patterns and rejection on multiple occasions. A 61.8% Fibonacci retracement at $0.01244 was hit on the 5-minute chart, with subsequent consolidation below that level.
Momentum & Indicators

Volatility & Volume
Volatility expanded as price reached the low of $0.01209, with Bollinger Bands widening in the final hours. Volume spiked during the sharp declines but was muted during attempted rallies, indicating weak bullish conviction. Turnover diverged from price near $0.0125–$0.0126, suggesting a lack of follow-through on buy-side momentum.
Outlook
VET/USDT appears to be consolidating near the 61.8% Fibonacci level ahead of potential follow-through on the downward move. While a bounce could test the 50-period moving average at $0.0124–$0.0125, bearish continuation is more probable unless there is a clear breakout above $0.0126. Investors should watch for a decisive break of recent support or a reversal in RSI as key signals for the next 24 hours.
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