VeChain ($VET) is approaching a critical technical test as investors look for blockchain projects that could benefit from the AI spending boom. With nearly $800 billion in hyperscaler capital spending expected in 2026, VeChain’s real-world infrastructure narrative has a compelling backdrop. But spending forecasts don’t guarantee token gains..
$VET Retests Resistance Along Its Descending Channel
$VET has retested the upper boundary of a descending channel on the weekly chart. The move puts the token at an important decision point after an extended downtrend.
The chart places $VET near $0.006795, with $0.010 emerging as the first upside level. A sustained move beyond this resistance could strengthen the recovery setup. However, a retest alone doesn’t confirm a breakout, and sellers may still defend the trendline.
