The VeChain (VET) price is in trader’s thoughts again after a quick move on the lower timeframes changed the tone of its chart. While most of the market is moving sideways, VET is slipping into an area where sellers stepped in before.
The price is reacting the same way it did in past pullbacks, and Crypto Patel notes that the structure still favors more downside rather than a clean bounce.
The setup is based on clear technical behavior rather than sentiment. After a brief move lower that swept liquidity below previous lows, VET failed to attract strong follow-through buying.
Instead, the VET price bounced weakly and rolled back into a familiar pattern that traders often associate with continuation to the downside.
Read Also: How High Can Kaspa (KAS) Price Go This Week?
What you'll learn 👉
What the VET Chart Is Showing Right Now
On the 4h chart, VeChain recently dipped below prior support levels, triggering a liquidity sweep. This kind of move often clears out stop losses before the market decides on its next direction.
In this case, the reaction afterward was telling. Rather than snapping back with strength, price stalled and printed another lower high.
That lower-high structure is a key part of the bearish case. It shows that buyers are struggling to regain control, even after the liquidity grab.
Crypto Patel also highlighted a bearish order block on the 4-hour timeframe, where price previously sold off aggressively. The VET price is now trading close to that same area again, which increases the odds of another rejection if sellers step in.
The overall structure remains weak as long as price stays below that supply zone. Without a clean break and hold above it, rallies risk turning into selling opportunities rather than trend reversals.
Read Also: Why Is MemeCore (M) Price Pumping Hard Today?
Why Liquidity Matters Here For VeChain Price
One of the more important details in this setup is the clear draw toward sell-side liquidity below the market.
When price sweeps lows and fails to recover, it often signals unfinished business on the downside. In VET case, that liquidity sits well below current levels, lining up with Crypto Patel’s downside targets.
This doesn’t mean the move will happen in a straight line. Short-term bounces are always possible, especially if the broader market stabilizes. But as long as the structure keeps printing lower highs, the path of least resistance remains down.
Read Also: Here’s Where XRP Price Could Be Headed This Week
Short-Term Outlook for VeChain Price
Crypto Patel outlined a short setup with entries around the $0.01235 area, using $0.01338 as invalidation. The downside targets sit at $0.01170, then $0.01080, and potentially as low as $0.00982 if selling pressure accelerates.
The key level to watch is the order block zone. If the VET price taps into it and shows rejection again, it would reinforce the bearish view.
the other hand, a strong reclaim and hold above that area would weaken the short thesis and force traders to reassess the setup.
For now, VeChain remains in a fragile spot. Until buyers prove they can flip structure back in their favor, the chart suggests caution.
The next reaction around this resistance area should make it clear whether the VET price is heading for a deeper pullback or setting up for something more constructive.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
