VeChain Holds $0.04 Support As Stargate Staking Sparks Anticipation of $VET Breakout

VeChain's $VET consolidates near $0.04 as staking buzz builds, with support at $0.03 fueling accumulation.

Failed breakouts and lower highs tighten $VET’s structure, with $0.045 as a key trigger for momentum.

Trading volume drops in compression zones, signaling potential volatility ahead of the Stargate Staking rollout.

VeChain’s $VET is defending key support levels as it eyes July’s anticipated Stargate Staking rollout. Analysts are now tracking tight consolidation zones that could snap into action with a single breakout wick.

Momentum Builds at Support—Will Traders Ride the Wave?

The chart is heating up with classic patterns: compression, failed breakouts, and spot trigger zones flashing on multiple timeframes. Traders hunting early setups are now zooming in on the $0.04 level, where smart money appears active. Experts believe the calm before the storm could spark the next rally.

Following a deep correction from its 2021 peak near $0.20, Michaël van de Poppe highlights a critical resurgence in structure. According to Van de Poppe, $VET continues to respect the $0.004 higher timeframe support, showing a clear accumulation base. Higher lows since late 2022 signal buyers are steadily returning, likely fueled by VeChain's expanding fundamentals.

Source: Michael Van de Poppe

As price reclaims resistance zones around $0.04, Van de Poppe points to RSI levels stabilizing between 40 and 60, reflecting neutral sentiment and space for upward momentum. The market isn't fully pricing in VeChain’s new staking catalyst, despite on-chain activity and community buzz increasing. Could this slow grind be the shakeout phase before volume explodes?

Trading volume, Van de Poppe observes, drops during these tight consolidations—often a clue that volatility is loading. With July 1 approaching, he says a clean breakout above previous highs could trigger a chase from sidelined bulls. Are enough traders positioned before the gates open?

Fakeouts and Boxes: Spot Triggers Define the Next Move

Fake breakouts, sharp wicks, and trap zones have frustrated bulls, but each rejection has built stronger pressure below. $VET’s lower highs and mid-box rejections are providing tactical clues for those analyzing candle-for-candle, as the next push could flip resistance into rocket fuel.

TradeCityPro flags a clear setup in the daily timeframe, with price trapped in a box between $0.04197 and $0.05253. After a failed breakout near $0.09, the price slipped back under support, rejecting at the box midpoint a textbook rejection that caught longs off guard. Not only that, RSI cooled off as volume dipped, flashing caution for late buyers.To build on this, TradeCityPro says a reclaim of $0.045 could light up the next spot trigger, especially with clean volume confirmation. Additionally, $0.03 remains a strong bounce zone, tested multiple times with visible demand. Experts are watching this stealthy structure to see if it marks the shakeout before a breakout or if resistance strengthens further.