Unlocking VELO’s Potential: Hidden Bullish Divergence Signals a Strong Recovery Ahead

VELO’s recent price movement suggests a potential strong recovery. While the cryptocurrency market remains quiet, hidden bullish divergence on its chart signals a possible shift in momentum. Key support levels between $0.043 and $0.05 could trigger a significant price bounce, leading to a break out Similar to past rallies of over 1,500%, VELO’s potential for major gains is high. The Wave Trend Oscillator has emerged from oversold territory, signaling a historical trend of strong recoveries in the token’s market. This, combined with the Relative Strength Index demonstrating a clear divergence – indicating that selling pressure is losing strength. Analyzing VELO’s price action reveals key support levels acting as potential reversal areas. If VELO holds above these zones, a shift in momentum might occur. A breakout past resistance levels around $0.06 and $0.07 could trigger increased buying activity, pushing VELO towards even higher prices. Key takeaway is that VELO’s chart is sending strong signals of imminent market shift. While the market remains quiet, this bullish divergence may change everything, potentially igniting a surge in buying pressure and leading to a new rally.