VELO Price Breaks Through Resistance: Bullish Signals Signal Upward Trend

VELO has recently broken through a recurring falling wedge pattern, signaling potential for a bullish rally. This breakout follows three previous occurrences in 2023, each with subsequent price surges and increased trading volume. Technical indicators such as MACD and wick-light candles further confirm strong buying interest behind Velo’s current upward move. Analysts suggest this is a positive sign of a sustainable breakout.