VeChain drops 8% despite Interstellar upgrade as sellers dominate short term
VeChain (VET)
Editor:
Eugene Serbin
Tradersunion.com reports that VeChain (VET) has fallen 8.19% to trade at $0.009026, driven by selling pressure despite completing its Interstellar mainnet upgrade. The upgrade, which brings full Ethereum Virtual Machine equivalence to the network, is expected to broaden developer compatibility and utility. However, price action remains capped below the mid-term trend, with VET sitting above its MA-20 but below the MA-50.
Technical indicators show a divided state, with the MACD signaling a Strong Sell while the RSI holds at 50.5. The Ichimoku Kijun at $0.009294 serves as immediate resistance, while support rests at $0.00844485. Analysts note that the asset is in a phase of short-term consolidation following earlier bullish momentum.
The baseline scenario anticipates fluctuation between $0.00844485 and $0.009673 over the next two to three trading days. A break above $0.009294 could trigger an upside attempt, while a drop below support opens the door for further downside.
How the market reacted
Whalio's own Binance spot order flow for VET, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Whalio data shows VET trading at $0.008797, with a 1-hour buy ratio of 40.6% indicating immediate selling pressure. This contrasts with the 4-hour buy ratio of 53.3%, suggesting that buying interest is stronger over a slightly longer timeframe than in the immediate hour. The 24-hour buy ratio sits at 51.1%, showing that buying has slightly outweighed selling over the full day. Volume delta reflects this shift, with a negative $17,102 in the last hour versus a positive $18,835 over four hours. The buy ratio represents the percentage of trades executed by buyers, while volume delta measures the net value of those trades. Current flow indicates that while daily buying remains positive, short-term momentum has turned bearish.
The latest daily buy ratio of 59.1% sits at the 99th percentile of the last 322 days, against a median of 50.2% - among the strongest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for VET, averaged over the days leading up to the story.
Over the preceding week, VET experienced a 22.5% price increase with a total volume delta of $338,016. Today's 24-hour buy ratio of 51.1% is slightly higher than the 7-day average of 50.6%, indicating a marginally more bullish sentiment than usual. However, the 24-hour spot volume of $3,797,549 is 1.44 times the average, signaling unusually high activity. This elevated volume suggests that the current price drop is occurring with greater participation than normal. The coin has seen net buying on 5 of the last 7 days, contrasting with today's mixed short-term signals.