$VELO is showing a solid intraday recovery with +14% upward movement, pushing the price back toward the 0.0070 zone. The chart shows a sharp bullish spike followed by a healthy pullback, suggesting the market is trying to form a new short-term support.
The MA60 is trending upward, which supports a gradual shift in momentum, while increasing trading volume shows renewed interest from buyers. If VELO can hold above the 0.0068 support area, it may re-test the recent local high. However, volatility remains high, so traders should watch for sudden price swings.
VELO
Alpha
0.00632
+1.32%