VeChain’s native token VET has shed 28.36% over the past month, tumbling from $0.0147 to current levels near $0.0106 as the highly anticipated Hayabusa mainnet upgrade failed to deliver immediate price appreciation. The deployment, which introduced Stargate 2.0 functionality and shifted VeChain to a Delegated Proof of Stake consensus model, couldn’t stem the broader altcoin bleeding that erased over 17% of VET’s value in just the past week. The main question for traders is: has the selloff created a compelling risk-reward setup at these oversold levels, or will the lack of post-upgrade buying pressure signal further downside ahead?

VeChain’s native token VET collapsed 33.4% over the past month, marking its steepest decline since the summer washout. The devastating drop coincided with the Hayabusa mainnet launch, which fundamentally altered VeChain’s economic model by eliminating passive VTHO generation. What started as a technical upgrade morphed into a liquidity crisis as yield-focused holders rushed for exits. The main question for traders is: can bulls defend the critical $0.01078 support that has held through multiple bear markets, or will the structural shift in tokenomics trigger another leg lower?

VeChain’s price action sees Hayabusa Mainnet sparking staking revolution, testing critical support at $0.0117. Despite bullish upgrades, VET plunges 35% monthly, with Coinbase COIN50 inclusion failing to halt bearish momentum. Bulls defend $0.0117 for sixth test since December, highlighting market structure shifts lower. Will support hold amidst conflicting forces?

VeChain tested monthly support at $0.0117 as momentum indicators flashed a reset. VET plummeted 27.9% from December’s peak, erasing three months of gains. Bulls are now guarding the $0.0117 monthly low after six consecutive red weekly candles. Traders question if this level will hold as final support or if a deeper flush is ahead.

VeChain’s price action tells a story of conflicting forces as VET dropped 21.9% over the past month to $0.0139, wiping out recovery attempts from earlier this year. The devastating drop accelerated after Bithumb announced temporary suspension of VET and VTHO transactions for a major upgrade, removing liquidity precisely when bulls needed it most. The main question for traders is: can the surge in staking activity from new tokenomics provide enough buying pressure to defend critical support, or will the technical breakdown continue despite fundamental improvements?

VeChain dropped 13.4% this week, pushing price to test crucial $0.015 support. Technical indicators flash oversold signals matching August’s capitulation levels. Bulls defend multi-month support zone despite heavy selling pressure.