VeChain VET Technical Analysis: Bullish Signals Flash at $0.02 Support Level
VeChain's VET token is holding steady at $0.02 with a modest 1.02% gain, as technical indicators suggest a potential bullish reversal. The MACD histogram has turned positive at 0.0001, signaling shifting momentum despite neutral RSI readings at 52.93.
Price action appears driven by technical factors rather than fundamental catalysts, with VET consolidating between $0.02 and $0.03. The absence of major news leaves traders relying on chart patterns during this quiet market period.
Mixed signals dominate the technical landscape, but the MACD's upward tilt offers cautious Optimism for traders watching this supply chain-focused cryptocurrency.