VeChain VET Price Analysis: Bulls and Bears Battle at $0.02 Support Amid VTHO Rewards Launch

Quick Take

• VET currently trading at $0.02 (-3.96% in 24h)

• VeChains RSI at 52.10 shows neutral momentum with bullish MACD divergence

• Major 5.48 billion VTHO rewards program launched to incentivize staking ahead of Hayabusa upgrade

Whats Driving VeChain Price Today？

The VET price faces downward pressure today despite significant positive developments for the VeChain ecosystem. While VET declined 3.96% in the past 24 hours, the recent launch of VeChains massive 5.48 billion VTHO rewards program represents a strategic move to boost staking participation before the crucial Hayabusa upgrade.

This substantial incentive pool, running through December 2025, addresses a key structural change coming to VeChains tokenomics. The Hayabusa upgrade will eliminate passive VTHO generation for non-stakers, making this rewards program particularly attractive for VET holders looking to maintain their earning potential.

The timing of this announcement comes as VeChain ambassadors highlight expanding enterprise adoption across multiple sectors. However, these positive fundamentals have yet to translate into immediate VET price appreciation, suggesting traders are adopting a wait-and-see approach ahead of the technical upgrade implementation.

VET Technical Analysis: Mixed Signals Emerge

VeChain technical analysis reveals a complex picture for traders. VET RSI currently sits at 52.10, placing it firmly in neutral territory without clear directional bias. This neutral RSI reading suggests VeChain lacks strong momentum in either direction, requiring traders to look at additional indicators for clarity.

The MACD tells a more encouraging story for VET bulls. VeChains MACD histogram shows a positive 0.0002 reading, indicating building bullish momentum beneath the surface. This bullish MACD divergence often precedes upward price movements, especially when combined with the current oversold conditions.

VeChain‘s Bollinger Bands provide additional context, with VET trading at a %B position of 0.6367. This suggests VET price sits above the middle band but hasn’t reached overbought territory, leaving room for potential upward movement within the current range.

VeChain Price Levels: Key Support and Resistance

Based on Binance spot market data, VeChain support levels cluster around the critical $0.02 zone where VET currently trades. This level has proven resilient during recent market weakness, serving as both immediate and strong support for VeChain price action.

VET resistance emerges at $0.03, representing both immediate and strong resistance levels. This creates a relatively tight trading range for VeChain, with just $0.01 separating key support and resistance zones. For VET/USDT traders, this compressed range suggests any breakout could deliver significant percentage gains or losses.

The VeChain pivot point sits at $0.03, aligning with resistance levels and creating a clear decision point for VET price direction. A sustained break above this level could target VeChains 52-week high of $0.06, while failure to hold current support might test the 52-week low of $0.02.