VeChain (VET) has broken below its key triangle support following a significant market downturn on October 10, which led to over $19 billion in liquidations. The cryptocurrency is down 17% this week, trading at $0.01824, as major altcoins experienced declines of 70–80%. The previous support level of $0.02050 has now turned into resistance. A recovery to this resistance could stabilize VET's chart, but further consolidation near current lows is expected if it fails to reclaim this level.