Market Overview for Vechain (VETUSDT) as of 2025-08-21

Generated by AI AgentAinvest Crypto Technical Radar
Thursday, Aug 21, 2025 11:36 pm ET1min read
VET
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Aime RobotAime Summary

- VeChain (VETUSDT) traded between 0.02357–0.02426, showing bearish divergence after a morning rally and failing to break above 0.02400 resistance.

- RSI remained neutral (45–60), while Bollinger Bands expanded post-consolidation, signaling increased short-term volatility.

- 24-hour turnover reached $162.1 million with a midday volume spike, but price retests of 0.02400 showed weakening bullish conviction.

- Key Fibonacci levels at 0.02400 (61.8%) and 0.02395 (38.2%) acted as dynamic support/resistance, with potential for renewed testing in the next 24 hours.

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Vechain
(VETUSDT) traded in a 0.02357–0.02426 range, forming bearish divergence after a morning rally.
• Price tested 0.02400 as dynamic resistance three times, with volume tapering on retests.
• Relative strength index (RSI) remained in neutral territory, lacking confirmation of overbought or oversold extremes.
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Bollinger
Bands expanded after a consolidation phase, indicating renewed short-term volatility.
• 24-hour turnover totaled $162.1 million, with a midday spike failing to confirm a breakout above 0.02400.

Market Overview

Vechain (VETUSDT) opened at 0.02378 (12:00 ET − 1), reached a high of 0.02426, and closed at 0.02395 as of 12:00 ET today. The pair traded between 0.02357 and 0.02426, with a total volume of 62.5 million VET and a notional turnover of approximately $162.1 million.

Structure and Formations

Price action showed a clear three-wave pattern during the early morning hours, with a sharp rally from 0.02372 to 0.02422, followed by a pullback. A bearish engulfing pattern formed around 0.02400–0.02411, suggesting a potential reversal. Key support levels emerged at 0.02390 and 0.02372, with resistance at 0.02400 and 0.02422.

Moving Averages

The 15-minute chart saw price trade slightly below the 20-period moving average (20SMA) by midday, with the 50SMA acting as a dynamic floor at 0.02395–0.02398. On the daily timeframe, VETUSDT closed above the 50DMA but below the 200DMA, indicating mixed sentiment between short-term and long-term traders.

Momentum and Volatility

The RSI remained between 45 and 60 for most of the session, lacking overbought or oversold signals. MACD showed a fading bullish crossover in the morning, followed by a bearish divergence as price failed to hold key levels. Bollinger Bands widened after a period of consolidation, signaling increased volatility.

Volume and Turnover

Volume spiked sharply during the 02:15–02:45 ET session, with a peak of 11.3 million VET traded, but price failed to sustain the rally above 0.02411. A later retest of 0.02400 saw muted volume, indicating waning bullish conviction. Turnover aligned with volume surges, with a midday peak of $3.8 million.

Fibonacci Retracements

On the 15-minute chart, price retested the 61.8% Fibonacci retracement of the 0.02372–0.02422 move at 0.02400 before retreating. The 38.2% level at 0.02395 acted as a support during the afternoon, with price bouncing twice from this level.

Looking ahead, VETUSDT may face renewed testing of 0.02400 as resistance and 0.02390 as support in the next 24 hours. A break above 0.02415 could signal renewed short-term bullish momentum, but risks persist if volume fails to confirm such a move.