VeChain VET Stabilizes at $0.02 as Market Enters Consolidation Phase

[TRADE_PLUGIN]VETUSDT,VETUSDT[/TRADE_PLUGIN] VeChain VET News - VeChain's VET token is holding steady at the $0.02 price level, showing minimal volatility with only a slight 0.09% decline. The Relative Strength Index reading of 40.96 indicates neutral momentum, suggesting potential for an upward reversal if buying pressure materializes. Market activity reflects broader cryptocurrency uncertainty, with no significant catalysts currently driving VeChain's price action. Trading volumes have declined as the altcoin enters a consolidation phase, mirroring the stagnant sentiment across secondary digital assets. Technical indicators dominate the analysis in the absence of fundamental developments. While VeChain's enterprise blockchain positioning maintains long-term promise, the short-term trajectory appears heavily dependent on market-wide movements rather than project-specific news.