VELO’s Oscillator Shows Potential Bullish Signal: Strong Liquidity Fuels Price Fluctuations

VELO’s Wave Trend Oscillator is signaling a potential bullish trend as it exits oversold territory, according to market analyst Javon Marks. This bullish signal comes with strong trading activity, as VELO’s trading volume stands at 21.62% of its market cap. The high liquidity and investor interest indicate VELO’s volatility and demand. This volatile behavior is seen in recurring surges followed by corrections, highlighting VELO’s dynamic nature.