The analysis focuses on VETUSDT, identifying a prolonged bearish market trend initiated since early 2022, with the asset experiencing price lows for over 375 days. Utilizing Fibonacci retracement levels from the all-time high, it is noted that VETUSDT failed to surmount the 0.618 retracement level, approximately 0.085 USDT, during the preceding market cycle. This failure suggests the asset has remained technically within a bear market. A historical short-term support level around 0.009 USDT, established by buying activity in 2020, is currently being tested. Should VETUSDT fail to sustain this support zone, a significant price capitulation is anticipated, potentially leading to valuations last observed in 2018. The current market price is approximately 0.01170 USDT. The prevailing technical perspective indicates that as long as VETUSDT trades below the 0.236 Fibonacci retracement at 0.018 USDT, and particularly below the 0.382 retracement at 0.024 USDT, the bearish trajectory is expected to persist, with the formation of a new macro low deemed highly probable. Potential downside targets are identified between 0.00083 USDT and 0.000515 USDT, aligning with price levels from 2019 and extended Fibonacci projections. Conversely, a definitive breach above 0.025 USDT would invalidate the existing bearish outlook, potentially instigating a substantial bullish rally, contingent on broader market conditions.