VeChain (VET) Holds Steady at $0.03 as Market Awaits Next Catalyst
VeChain's VET token maintained stability at $0.03, posting a modest 2.23% daily gain as technical indicators point to neutral momentum. The Relative Strength Index (RSI) at 54.88 indicates balanced market conditions, neither overbought nor oversold.
Price action appears driven by organic market forces rather than news catalysts, with VET oscillating between $0.02 and $0.03. Such consolidation patterns typically precede more decisive moves as traders evaluate key technical levels.
With no major fundamental developments, VET's near-term trajectory depends on broader market sentiment and technical positioning. Traders appear to be awaiting clearer signals before committing to stronger directional positions.