VeThor Token (VTHOUSD) price declined in its latest intraday trading, amid continued negative pressure from trading below the 50-day SMA, which prevented the price from recovering on the short-term levels. The bearish trend remains dominant in the short term as the price moves along a descending trendline, in addition to the emergence of a negative divergence on the RSI after it reached extremely overbought levels compared to the price action, with negative signals now starting to appear.

Therefore, we expect the price to decline in the coming intraday trading, as long as resistance holds at $0.001922, targeting the key support level at $0.001766.

Today's price forecast: Bearish