VELO: Potential for a Massive Breakout Signals Strength in the Market

VELO exhibits strong bullish signals as its price structure tightens near key support levels, suggesting a breakout rally is imminent. After consolidating for two years, VELO’s price action indicates growing momentum, with analysts forecasting a potential rally to $1.80 and potentially testing multi-year resistance at $3.40. A break above mid-2024 resistance could unleash a surge of more than 13,600% from current levels.