$VET (VeChain) is showing a mix of technical caution and fundamental strength today, January 17, 2026. While the broader market sentiment remains neutral, VET is battling to stay above a critical psychological floor as the ecosystem transitions through its latest network upgrades.
📊 Key Market Stats
* Current Price: ~$0.0118 – $0.0121
* 24h Change: +3.38% (Small recovery after a week of downward pressure)
* 24h Volume: ~$30M (Steady, but needs more "oomph" to confirm a reversal)
* Trend: Neutral-Bearish (Price is currently below the short-term 50-day EMA).
📉 Technical Levels to Watch
* Major Support: $0.0112 – $0.0115. This is the "Must-Hold" demand zone. A break below $0.0112 could lead to a deeper correction toward $0.0095.
* Immediate Resistance: $0.0125. This aligns with the 7-day SMA. Bulls need a daily close above this level to target the $0.014 resistance.
* RSI (14-day): 48.1. The RSI is hovering just below the midpoint, suggesting that neither buyers nor sellers have full control yet.
* Target 1: $0.0130 (Short-term scalp)
* Target 2: $0.0162 (Medium-term breakout target)
💡 Why is VET in Focus?
* Hayabusa Mainnet Transition: The network's shift toward Weighted DPoS (Delegated Proof of Stake) is aimed at increasing scalability and aligning with EU MiCA compliance. Long-term holders are viewing this as a major "legitimacy" boost.
* VeBetterDAO Adoption: The sustainability-focused "X-2-Earn" ecosystem now boasts over 5.2 million users. Continued growth here provides a fundamental "floor" for the token's value.
* Whale Activity: On-chain trackers show a slight uptick in "whale" accumulation at the $0.0115 level, suggesting smart money is setting limit orders in this discount zone.
* Supply Dynamics: With roughly 99% of the supply unlocked, the sell pressure from early investors has largely been exhausted, making the price highly responsive to new demand.
⚠️ Pro-Trader Note
VET is currently in a "Wait-and-See" phase. While the $0.0115 support is holding, the momentum is lacklustre. Aggressive traders are entering "Long" with tight stops at $0.0110, while conservative traders are waiting for a breakout above the $0.0125 resistance to confirm the start of a new bullish wave.
Is VET ready to reclaim the $0.02 level this quarter? 👇
🚀 BULLISH RECOVERY / ⚓ STILL CONSOLIDATING
#VET #VeChain #Sustainability #BinanceSquare #CryptoTechnicalAnalysis
#Web3 $VET Disclaimer: Not financial advice. Always DYOR before trading!
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