Why are traders staying away from VeChain (VET) in November 2025?

After a sharp fall in October, VeChain (VET) has shown signs of a slight bounce back this month. However, the recent bullish momentum is still not strong enough to compensate for previous losses. Although VET has increased by more than 20% in the past week, the price is still far from the threshold before it plummeted. November is traditionally known for delivering outstanding profits for VeChain, but this year, investor sentiment seems to be not quite optimistic.

Investor confidence is wavering

Historical data shows that over the past seven years, November has often been the period when VeChain achieves its best performance with a median profit of 10.9% and an average of 20.9% – the highest compared to the other months. These bullish trends often occur after a period of sluggish trading, creating momentum for long-term investors to expect seasonal strength.

However, caution is necessary. December is usually a difficult month for VET, as the bullish trend of November is easily reversed, leading to significant losses. This indicates that the profits made in November are not always maintained until the end of the year.

Historical performance of VeChain | Source: CryptoRankDespite favorable historical factors, market sentiment remains quite cautious. The open interest (OI) of VeChain has not yet bounced back after the shock in October, plummeting from 110 million USD to 28 million USD and maintaining low levels for more than a month.

Open contracts of VET | Source: CoinglassThis development reflects the indecisiveness of traders, as well as caution in injecting new capital into VET. Low derivatives activity further restricts price strength, while also indicating that market sentiment remains fragile as we approach the end of 2025.

VET price is waiting for a significant breakthrough

At the current time, VET is forming a descending wedge pattern and is trading around 0.0158 USD, below the important resistance level of 0.0173 USD. This is a crucial price area that could determine whether the short-term bullish trend will be reinforced or continue to weaken.

If VET can break out of the descending wedge pattern, a bullish signal will be confirmed, opening up the opportunity to push the price up to the 0.0200 USD range – thereby partially erasing the 28% decline from October. This momentum will also extend the 20% increase from the past week, contributing to strengthening confidence in short-term bounce back.

VET Price Analysis | Source: TradingViewConversely, if VET fails to break through the resistance level, the descending wedge pattern risks losing its positive structure. When the price falls below the support zone of 0.0157 USD, VET may continue to fall to 0.0147 USD. This scenario will weaken the bullish argument, contradicting the typically positive trend of VeChain in November, and signal prolonged instability.

Mr. Teacher