A weekly close above $0.015 would likely push the price up to $0.023, where we can expect a pullback to form a higher low. If the price then closes above $0.023, we could see a move toward the cycle high, followed by a potential breakout into price discovery.
On the flip side, if the price remains under $0.015, it stays in a "neutral bullish" zone — under pressure but still holding potential.
First Buy (High Risk): Current levels — potential for further downside, but early positioning.
Second Target (Medium Risk): If price dips further to test the next support.
Final Target (Low Risk / High Reward): A full liquidity sweep below $0.007 — ideal for those with strong conviction in the project.
If you're confident in VELO's long-term potential, this may be a good time to start your DCA strategy.
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$VELO Market Update (Advanced Analysis)
A weekly close above $0.015 would likely push the price up to $0.023, where we can expect a pullback to form a higher low. If the price then closes above $0.023, we could see a move toward the cycle high, followed by a potential breakout into price discovery.
On the flip side, if the price remains under $0.015, it stays in a "neutral bullish" zone — under pressure but still holding potential.
First Buy (High Risk): Current levels — potential for further downside, but early positioning.
Second Target (Medium Risk): If price dips further to test the next support.
Final Target (Low Risk / High Reward): A full liquidity sweep below $0.007 — ideal for those with strong conviction in the project.
If you're confident in VELO's long-term potential, this may be a good time to start your DCA strategy.