VeChain tests support amid selling pressure
VeChain (VET)
Editor:
Eugene Serbin
tradersunion.com reported that VeChain (VET) is trading at $0.007039 following a daily loss of 7.81%. The asset is currently hovering below its key short- and medium-term moving averages, specifically the MA-20 and MA-50, while finding support from the longer-term MA-200 on the daily chart. VET is testing key channel support levels at $0.00670605, a move that brings the asset to technical stress points where forced liquidations may occur.
Immediate resistance is marked by the Ichimoku Kijun at $0.0073535, while momentum indicators such as the MACD, RSI, and CCI highlight downside pressure. Analysts noted that VeChain is under broad selling pressure despite ongoing long-term development initiatives and network upgrades. The price outlook for the next 2–3 trading days suggests consolidation between $0.00670605 and $0.007385.
A sustained breakout above $0.0073535 would increase the likelihood of a recovery, whereas a drop through $0.00670605 could prompt further selling. The base case scenario is for VET to move laterally within this volatility band. Traders are advised to monitor the $0.00670605 support level as a potential inflection point for further downside risk.
How the market reacted
Whalio's own Binance spot order flow for VET, measured when this story was written up on 16 September 2026. Not the outlet's figures.
Whalio data shows VET trading at $0.007070 with a 1-hour buy ratio of 51.5% and a 4-hour buy ratio of 50.4%, indicating slight buying dominance in the short term. However, the 24-hour buy ratio has dipped to 49.7%, suggesting that buying pressure is fading over the full day. Volume delta reflects this shift, with positive inflows of $3,889 and $1,319 in the 1-hour and 4-hour windows, contrasted by a net outflow of $14,897 over 24 hours. The cumulative volume delta (CVD) for the 24-hour close is positive at $12,053, meaning net buying exceeded net selling by that amount despite the negative delta. This indicates that while large outflows occurred, the overall flow remained net positive for the day. Spot volume for the period was $1,859,824 across 32,113 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, VET experienced a price change of -12.3% with a total volume delta of +$373,592. The 7-day average buy ratio was 50.8%, but the latest day saw this drop by 1.2 points to 49.7%. Volume was also subdued, trading at 0.57 times the average daily volume. This represents an unusual day for the coin, characterized by below-average volume and a shift toward net selling compared to the weekly norm. While the weekly delta was positive, the recent 24-hour outflow of $14,897 contrasts with the week's net inflow of $373,592.