• VET community sentiment remains bullish, showing growing confidence among traders and long-term holders.
• Smart money indicators show a long-position buildup, suggesting institutional confidence in an upcoming rally.
• Analysts expect a potential bullish breakout toward the $0.021 level after a short consolidation phase.

VeChain (VET) is showing renewed strength across the altcoin sector, setting the stage for a possible price breakout. Its price has risen 3.78% over the last 24 hours, but it is down by 15.92% over the last week.

At the time of writing, VET is trading at $0.02006, supported by a market capitalization of $1.72 billion. Moreover, its trading volume stands at $63.58 million, marking a small dip of 3.41% over the last day. This movement reflects a consolidation phase before the next big move.

Source: CoinMarketCap

VET Performance Decline After Two Strong Years

The data from CryptoRank revealed that in 2023, performance was strong and consistent, showing steady growth through most of the year and ending on a high note. It was the most stable and successful period among the three, marked by solid momentum and balanced gains that reflected sustained positive performance overall.

Source: CryptoRank

In contrast, 2024 and 2025 showed clear declines in stability and results. The year 2024 was highly volatile, with large swings between gains and losses that created an unpredictable trend, while 2025 so far has been notably weaker, with more months of decline than recovery. Together, they represent a shift from the strength of 2023 toward increasing instability and underperformance.

Also Read: VeChain (VET) Price Outlook: Strong Support Points Toward $0.082 Target

VeChain (VET) Sets Up for Bullish Breakout to $0.021

Additionally, the crypto analyst Crypto Patel noted that VeChain (VET) is indicating a smart money long setup, signaling bullish strength following recent consolidation. Traders look at entering around $0.01794, with a stop-loss of $0.01610, and targets of $0.01949 and $0.02107. The setup continues to look bullish with tidy liquidity above the prior day’s high and a significant order block that is drawing institutional interest.

Source: X

VET is approaching a high-probability retracement area within an upper-order block, coinciding with a fair value gap (FVG) and thin-resistance liquidity. The strategy is to buy a pullback to this area, as the next target is the next push higher. On confirmation, this setup could initiate a near-term upsurge as a confirmation of increasing smart money belief in VeChain’s potential to the upside.

Bullish Sentiment Dominates with Growing Confidence

According to the data from CoinMarketCap, bullish momentum tops with 84% of the membership demonstrating firm belief in positive momentum within the market along with additional growth. Comparatively, 16% demonstrate bearish positions, showing concern over possible reversals. Generally, the survey accumulates 114.9K combined votes, indicating high membership interest and participation.

Source: CoinMarketCap

The general opinion presents a highly positive community sentiment, with the majority of respondents expecting positive developments and an upward reversion. As much as a hesitant minority, the prevailing opinion signals faith in long-term growth continuation. This signals high collective belief in future direction indication of the market.

Also Read: VeChain (VET) Squeeze Signals Big Move Ahead: Can Bulls Target $0.0430?