VET remains under pressure after a 63.89% yearly drop
BROBROK News · Based on reporting by DiarioBitcoin ·
VET is slightly up from the open, but it still trades below the prior close, key moving averages, and its recent volume average. Technical signals point to oversold conditions, while the MACD remains bearish with no clear reversal confirmation.
Key points
- Price is 0.18% above the open but 0.58% below the prior close
- Daily volume is about 49% below the 30-day average
- RSI at 29.1 suggests oversold conditions, but MACD is still bearish
- The token remains below its 7-day, 30-day, and 200-day moving averages
- No confirmed catalyst explains the recent move
Why it matters
The setup points to technical weakness without a confirmed recovery signal, which matters for short-term VET traders and watchers. With no available data on flows, derivatives, or on-chain activity, the move is harder to validate.
Original headline: “VET cae 63,89% en un año: señales técnicas mantienen la presión el 1 de noviembre de 2026”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.