$VET VET is taking a beating today, down **-6.12%** at **$0.03051** with **15.99M USDT** volume. The chart shows classic capitulation – but is this panic selling or accumulation in disguise?
**Why The Drop?**
- Layer 1 sector under pressure (SOL, ADA also red)
- "VET" memes now standing for "Very Exhausted Token"
- RSI(6) at **59.69** still not oversold – more pain possible
**Critical Levels:**
- **Support:** $0.02925 (24h low) – lose this and $0.028 is next
- **Resistance:** $0.03062 (MA99) – must reclaim for recovery
**Technical Breakdown:**
- MACD barely positive (**0.00001**) – bulls hanging by a thread
- Price sandwiched between MA7 ($0.03038) and MA99
- Huge **521M VET** volume shows strong interest
**Prediction:**
If BTC bounces, VET could recover to **$0.03109**. But break **$0.02925** and we're testing **$0.028** fast.
**How To Trade It:**
- **DCA Gang:** Scale-in buys at $0.0295 with stops at $0.029
- **Swing Traders:** Wait for RSI <50 + MACD flip
- **Avoid:** Chasing until $0.03062 breaks
Trade small – this one's volatile as hell!
#Write2Earn arn #vechain ain #VET