VeChain (VET) has experienced a 20% recovery over the past week, following a significant decline in October. Despite this rebound, VET remains below its pre-crash levels. Historically, November has been a strong month for VeChain, with a median return of 10.9% and an average of 20.9%. However, trader confidence appears weak, as open interest has stagnated at $28 million since October. Currently, VET is forming a descending wedge pattern near $0.0168, with resistance at $0.0173. A successful breakout could see prices rise to $0.0200, while failure to surpass resistance might result in a decline to $0.0147.