VeChain climbs to $0.01725 after rebounding from $0.01324, showing rising buying strength and market optimism.
Analysts eye a breakout above $0.017 as VET nears the 2018 descending trendline resistance zone.
A sustained move beyond the channel could target $0.030, confirming a potential bullish reversal trend.
After weeks of declining pressure, VeChain (VET) is displaying increased vigor, suggesting a possible change in trend. The cryptocurrency’s dramatic recovery from its previous low has got analyst feeling optimistic.
VET is now trading close to $0.01725 as of early November 2025, having recovered from a steep drop to $0.01324. Increased purchasing activity seems to be driving the recovery in this area, which has turned into a crucial accumulation zone.
Source: Brain2jene
According to analyst Brain2jene, “$VET is showing a strong reaction from the area we mentioned at $0.013. Crossover in Stochastic RSI; if we close like this on Sunday, it will signal big momentum (new wave with liquidity)
LIKE if you are holding this sleeping giant!!” The comment reflects growing confidence in the token’s technical recovery. Besides, the stochastic RSI crossover indicates rising bullish pressure that could sustain further upward movement.
Market Reaction and Technical Setup
VeChain’s weekly chart shows a decisive rebound from the yellow zone between $0.01068 and $0.01324, which has acted as a historical support region. Furthermore, deeper corrections are prevented by the June 2023 low of $0.01324. The current uptick is accompanied by a rise in trade volume, indicating a resurgence of market activity. Momentum indicators currently indicate increasing strength as a result.
Furthermore, a long-term declining trendline from 2018 is the next resistance. The price is getting close to this area hence a weekly close above $0.017 would cause this barrier to be retested. If the token maintains momentum above that level, it might signal the beginning of a new bullish wave.
Analysts Track Breakout Levels
Analyst World Of Charts noted that VET remains confined within a descending parallel channel. “I’m waiting for the blue horizontal area breakout, after that will try to catch some,” the analyst shared. The current setup suggests a possible breakout near the channel’s resistance, aligning with the projection of a move toward $0.030.
Source: World Of Charts
Moreover, the market earlier peaked near $0.045 before a long correction phase. Since then, each lower high has touched the descending resistance, forming a clear pattern. However, the latest rebound from the lower boundary of the channel indicates strong buyer interest at current levels.
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