VeChain (VET) Price At Risk of Deeper Pullback, Analyst Maps Short Targets

CaptainAltcoin
VET0,19%
KAS1,14%
M-5,78%
XRP1,18%

The VeChain (VET) price is in trader’s thoughts again after a quick move on the lower timeframes changed the tone of its chart. While most of the market is moving sideways, VET is slipping into an area where sellers stepped in before

The price is reacting the same way it did in past pullbacks, and Crypto Patel notes that the structure still favors more downside rather than a clean bounce.

The setup is based on clear technical behavior rather than sentiment. After a brief move lower that swept liquidity below previous lows, VET failed to attract strong follow-through buying

Instead, the VET price bounced weakly and rolled back into a familiar pattern that traders often associate with continuation to the downside.

Read Also: How High Can Kaspa (KAS) Price Go This Week?

What the VET Chart Is Showing Right Now

On the 4h chart, VeChain recently dipped below prior support levels, triggering a liquidity sweep. This kind of move often clears out stop losses before the market decides on its next direction

In this case, the reaction afterward was telling. Rather than snapping back with strength, price stalled and printed another lower high.

That lower-high structure is a key part of the bearish case. It shows that buyers are struggling to regain control, even after the liquidity grab

Crypto Patel also highlighted a bearish order block on the 4-hour timeframe, where price previously sold off aggressively. The VET price is now trading close to that same area again, which increases the odds of another rejection if sellers step in.

The overall structure remains weak as long as price stays below that supply zone. Without a clean break and hold above it, rallies risk turning into selling opportunities rather than trend reversals.

Source: X/CryptoPatel

Read Also: Why Is MemeCore (M) Price Pumping Hard Today?

Why Liquidity Matters Here For VeChain Price

One of the more important details in this setup is the clear draw toward sell-side liquidity below the market

When price sweeps lows and fails to recover, it often signals unfinished business on the downside. In VET case, that liquidity sits well below current levels, lining up with Crypto Patel’s downside targets.

This doesn’t mean the move will happen in a straight line. Short-term bounces are always possible, especially if the broader market stabilizes. But as long as the structure keeps printing lower highs, the path of least resistance remains down.

Read Also: Here’s Where XRP Price Could Be Headed This Week

Short-Term Outlook for VeChain Price

Crypto Patel outlined a short setup with entries around the $0.01235 area, using $0.01338 as invalidation. The downside targets sit at $0.01170, then $0.01080, and potentially as low as $0.00982 if selling pressure accelerates.

The key level to watch is the order block zone. If the VET price taps into it and shows rejection again, it would reinforce the bearish view

the other hand, a strong reclaim and hold above that area would weaken the short thesis and force traders to reassess the setup.

For now, VeChain remains in a fragile spot. Until buyers prove they can flip structure back in their favor, the chart suggests caution

The next reaction around this resistance area should make it clear whether the VET price is heading for a deeper pullback or setting up for something more constructive.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post VeChain (VET) Price at Risk of Deeper Pullback, Analyst Maps Short Targets appeared first on CaptainAltcoin.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Bottoming Signal? VanEck CEO: Halving Cycle and Geopolitics jointly Drive BTC Rebound

As of March 3rd, the price of Bitcoin is around $68,000, up 2.6% in the past 24 hours, but down 22% year-to-date. VanEck CEO stated that Bitcoin's bottoming is mainly influenced by the four-year halving cycle, with geopolitical factors also driving recent recovery. Despite risks, ETF capital inflows remain strong, and the market should pay attention to the Middle East situation.

GateNews3m ago

XRP Today News: Ripple Prime Connects to NSCC, XRPL May Welcome Institutional Funding Channels

Ripple makes new progress in advancing institutional infrastructure, with XRP becoming a market focus. Hidden Road has officially been listed in the NSCC directory, and Ripple Prime has gained attention, which may facilitate closer integration of XRPL with traditional finance. Although XRP's short-term trend is somewhat weak, institutional integration is seen as a long-term positive signal. If XRPL applications increase in the future, demand could rise.

GateNews14m ago

Institutions buy $103 million worth of ETH! Ethereum returns to $2000, but technical indicators warn of larger volatility ahead

Ethereum rebounded above $2000 due to institutional buying and a resurgence in risk asset sentiment, reaching a high of $2072. However, market sentiment remains cautious as Bitcoin faces resistance and geopolitical tensions limit the upside potential. Meanwhile, technical indicators show bearish signals, and traders are watching the $1800 support level.

GateNews20m ago

Institutional funds are疯狂ly bottom-fishing? Bitcoin spot ETF inflows reach $458 million in a single day, and market sentiment shows a rare divergence.

U.S. spot Bitcoin ETF sees strong capital inflows again, with a net inflow of approximately $458 million in a single day, with BlackRock's Bitcoin ETF accounting for the majority. Despite retail investors' extreme panic, institutional investors continue to increase their allocations, indicating market divergence and potential confidence in Bitcoin among institutions. Various crypto asset ETFs also experienced capital inflows, reflecting rising market interest in institutional demand.

GateNews22m ago

FAI surges 130%, surpassing AIXBT! The AI agent track experiences a market capitalization reshuffle, why is capital flooding in?

On March 3rd, the AI proxy token FAI surged approximately 130% in a short period, surpassing AIXBT in market capitalization and attracting market attention. FAI's rapid increase was accompanied by a surge in trading volume, indicating concentrated capital inflow and suggesting an accelerated rotation of funds into AI industry assets. Analysis indicates that AI token prices are significantly influenced by technological narratives and market sentiment, but high volatility also entails risks. Future market development remains to be seen.

GateNews24m ago

Data: 38% of altcoins are approaching historic lows, the largest drawdown since the FTX collapse

Darkfost on X platform stated that 38% of altcoins are approaching historical lows, and the overall market environment is unfavorable for risk-taking investments. Liquidity is fragile, and investor interest in altcoins is waning, although potential opportunities are beginning to emerge amid worsening conditions.

GateNews26m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)