Is Another Rally Brewing for VELO? Wave Trend Oscillator Signals Bullish Momentum

VELO’s price action has been marked by a long-term downtrend, but recent charts show a potential turning point. VELO’s Wave Trend Oscillator has exited oversold territory, signaling a possible bullish reversal. This signal is reminiscent of past bullish setups that led to significant gains. A key support level at $0.043-$0.05 may be critical as the market navigates this shift in sentiment.