- Bears have been exerting pressure on the VET market in the previous 24 hours.
- Indicators suggest that bulls may have a chance to prevail.
- Bulls must strive to reverse the current negative momentum in VET.
Bulls in VeChain (VET) succumbed after encountering firm resistance around $0.01653, and bears successfully pushed the prices down until reaching support at $0.01603. As of press time, this downward trend has managed to lower prices to $0.01613 (a 2.19% dip).
This recession caused a 2.00% decline in market capitalization to $1,169,930,414 and a 33.19% reduction in 24-hour trading volume to $22,548,675, respectively.
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