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.
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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.
Source: X/CryptoPatel
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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.
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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.
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The post VeChain (VET) Price at Risk of Deeper Pullback, Analyst Maps Short Targets appeared first on CaptainAltcoin.
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