VeChain (VET) is up by 8.5% to $0.0222 this week, outperforming the broader crypto market slightly. Bitcoin (BTC) saw a 6.8% increase to $58,059. VET has been recovering after a sharp drop of 11.05% earlier in September.
Currently, VET is facing resistance at $0.02500, a critical level that has been challenging to break. Despite this, the VeChain network's performance and its ongoing collaborations provide a positive outlook. VET's upward potential remains strong, but it's waiting for further support from the broader market momentum to break through the resistance and continue its recovery.