Market Overview for VeThor Token (VTHOUSDT)

• VeThor Token (VTHOUSDT) advanced 0.43% over 24 hours, breaking above key resistance at 0.002140.
• Volume surged past 100 million at 0.002140–0.002190, confirming bullish momentum.
• RSI reached 58, suggesting moderate strength; no overbought conditions observed.
• Bollinger Bands expanded during the session, indicating rising volatility.
• A bullish engulfing pattern formed at 0.002130–0.002140, signaling potential continuation.

VeThor Token (VTHOUSDT) opened at 0.002100 on 2025-07-19 at 12:00 ET and closed at 0.002181 by 12:00 ET on 2025-07-20. The pair reached a high of 0.002198 and a low of 0.002092. Total volume exceeded 240 million, with notional turnover rising to ~$540 million over the 24-hour period.

Structure & Formations

Key support levels were observed at 0.002130–0.002140, where a strong bullish engulfing pattern emerged. Resistance was tested and cleared at 0.002170–0.002190, with price finding temporary consolidation around 0.002180. A doji formed at 0.002140, hinting at indecision among traders at that level.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA early in the session, suggesting short-term bullish momentum. On the daily chart, the 50-period MA is above the 200-period MA, reinforcing a longer-term positive bias.

MACD & RSI

The MACD line crossed above the signal line in the early hours, indicating growing bullish momentum. RSI rose to 58 by the close, suggesting moderate strength without entering overbought territory. A pullback to 50 or below may offer a more balanced entry point for buyers.

Bollinger Bands

Bollinger Bands expanded significantly during the session, particularly between 0.002140 and 0.002190, reflecting increased volatility. Price closed near the upper band, suggesting continued upward pressure, though a retest of the lower band may occur in the near term.

Volume & Turnover

Volume spiked above 100 million at key resistance levels, confirming the strength of the move above 0.002140. Notional turnover rose in tandem, showing no divergence between volume and price. The final hours saw a volume surge as price approached 0.002190, signaling conviction among buyers.

Fibonacci Retracements

A 61.8% Fibonacci retracement level at 0.002140 was decisively broken to the upside, suggesting the move toward 0.002190 may continue. On the daily chart, the 38.2% retracement at 0.002160 appears to be a potential short-term target for further gains.

VTHOUSDT appears to have momentum on its side, with strong volume and a bullish engulfing pattern reinforcing the case for continuation. However, a pullback to test 0.002140 or 0.002130 could offer a better entry. Investors should remain cautious of a potential consolidation phase if RSI approaches overbought levels.