📈 VELO Breakout Alert! | +15.34% Today 🚀
$VELO is showing strong momentum today with a breakout above the $0.013 resistance zone! Let’s dive into the key signals:
🔍 Technical Overview:
Current Price: $0.013011
EMA(7): $0.01215
EMA(25): $0.01242
RSI(6): 65.27 → Nearing overbought territory
Volume Surge: 67M+ — indicating strong buyer interest!
🔸 Bullish Signal:
The price has successfully broken above both short-term EMAs with strong green candle confirmation. This could indicate the beginning of a potential short-term uptrend.
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📊 🔥 Short-Term Trading Strategy:
Entry Zone:
✅ Buy between $0.0125 - $0.0130 on healthy retest or dip
Targets:
🎯 Target 1: $0.0138
🎯 Target 2: $0.0145 (previous resistance level)
Stop Loss:
🔻 Below $0.0120 (EMA(7) support)
Risk/Reward: ~1:2+ — Good for short-term swing
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💬 What’s Next?
If VELO holds above $0.013 with continued volume, we might see a push toward the $0.015 zone in coming days. However, watch RSI — near overbought zone. Stay cautious and manage risk! ✅
