VeChain Price Analysis: VET continues to decline, set to retest $0.115 again?

TL;DR Breakdown VeChain price analysis is bearish for today.VET/USD continued to decline over the past 24 hours.VeChain targets the $0.115 support next. VeChain price analysis is bearish for today as the market continued to move lower over the last 24 hours after setting a slightly lower high. Therefore, we expect VET/USD to retest the $0.115 mark again later today. Cryptocurrency heat map. Source: Coin360 The overall cryptocurrency market traded in the red over the last 24 hours. The market leader, Bitcoin is down by 1.21 percent, while Ethereum has lost 0.16 percent. Meanwhile, Solana (SOL) is the best performer, with a gain of over 11 percent. VeChain price movement in the last 24 hours: VeChain continued to decline VET/USD traded in a range of $0.117 – $0.1258, indicating low volatility price action over the last 24 hours. Trading volume has increased by 3.36 percent and totals $679.7 billion, while the total market capitalization trades around $7.63 billion, ranking the coin in 22nd place overall. VET/USD 4-hour chart: VET looks to retest the $0.115 support for the third time? On the 4-hour chart, we can see the VeChain price continuing to move towards $0.115 after a failure to set a higher high. VET/USD 4-hour chart. Source: TradingView The VeChain price action has seen a strong advance over the past month. From the $0.056 low, VET/USD gained more than 150 percent to the $0.144 high, set on the 16th of August....