VeChain tests $0.008489 resistance amid bullish technicals
VeChain (VET)
Editor:
Eugene Serbin
tradersunion.com reports that VeChain (VET) advanced 8.93% to trade at $0.008161 on 19 September 2026. The asset maintains strong upward momentum by trading above its hourly and daily moving averages, including the MA-20 and MA-50. On the daily chart, VET remains well above the long-term MA-200, with the Ichimoku Kijun providing immediate support at $0.007934.
Momentum indicators such as the MACD and ADX confirm continued buyer control, while Bull/Bear Power and the Awesome Oscillator support the trend. However, the RSI is elevated at 79.93, and both Stoch RSI and CCI confirm overbought conditions. Analysts note that a successful network upgrade and persistent bullish momentum have established a positive outlook.
The asset is expected to fluctuate between $0.0078636 and $0.008489 over the next one to two trading days. A baseline scenario suggests consolidation near current levels, with a low risk of a downward move. A decisive breakout above $0.008489 could extend gains, while a reversal below $0.0078636 might trigger a pullback. Traders are advised to monitor price action near the $0.008489 resistance as a potential catalyst for a directional move.
How the market reacted
Whalio's own Binance spot order flow for VET, measured when this story was written up on 19 September 2026. Not the outlet's figures.
Whalio spot data shows VET trading at $0.007869, with a 1-hour buy ratio of 38.6% and a 4-hour buy ratio of 48.9%. These shorter-term readings are lower than the 24-hour buy ratio of 53.0%, indicating that buying pressure is fading in the immediate term. The 1-hour volume delta is -$198,885 and the 4-hour delta is -$57,075, showing that more money is leaving the market than entering it over these short periods. In contrast, the 24-hour volume delta is positive at +$119,986, meaning net buying has occurred over the full day. This suggests that while recent hours have seen net selling, the broader daily trend still favors buyers. Spot volume for the 24-hour period stands at $2,022,739 across 30,825 trades.
The latest daily buy ratio of 46.7% sits at the 13th percentile of the last 324 days, against a median of 50.2% - weaker buying than most days.
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, the average buy ratio was 50.9%, making the latest 24-hour reading of 53.0% slightly higher by 2.1 points. Volume was 1.08 times the average, indicating a moderately active trading day compared to usual. The coin saw net buying on 5 of the last 7 days, with a total volume delta of +$336,519 over that period. Price increased by 7.8% over the 8-day window, reflecting sustained upward momentum. This recent activity aligns with the broader weekly trend of net buying, though the immediate short-term flow has turned slightly negative.