The recent technical analysis of VET reveals notable trends as of February 1, 2026. The trading volume for VET has been diminishing during periods of slight price declines, which points to a decrease in selling pressure across the market.
As the volume continues to dry up, the situation indicates a potential shift towards accumulation. This is particularly significant given that the Relative Strength Index (RSI) is currently in an oversold position.
Weak market participation has been observed, suggesting a lack of enthusiasm from retail investors. However, this environment may be enticing for institutional buyers who often seek opportunities during such periods of low activity.
The current data highlights a moment of introspection for traders and investors alike, as the technical indicators suggest that VET could be setting the stage for a future upward trajectory, should the accumulation trend continue.
In summary, the combination of decreasing selling pressure and an oversold RSI presents a compelling case for those looking to accumulate VET in anticipation of a market recovery.
