๐น $VELO
Overview
Metric Value
Current Price $0.013483 (โฒ +2.14%)
24h High / Low $0.014840 / $0.010809
Market Cap $99.65M
Fully Diluted Valuation (FDV) $323.62M
Liquidity $1.20M
Holders 26,577
Network BNB Smart Chain
Use Case DeFi / Payments
Airdrop Alpha Airdrop Active
---
๐ Technical Indicators
Indicator Value Signal
Volume 146,993.11 VELO Light to moderate daily activity
MA(5) 18.97M Higher than MA(10) โ short-term bullish
MA(10) 16.25M Trend starting to strengthen upward
Momentum Bullish Bias Consolidation near top range
> Price is showing positive divergence as short-term momentum increases.
---
๐ Support & Resistance Levels
Resistance Levels Support Levels
$0.014840 (24h High) $0.013227 (near-term)
$0.014033 $0.012422
$0.014656 (recent supply) $0.011616 (strong support)
> Current price sits just below key resistance, indicating potential for a breakout.
---
โ๏ธ Market Sentiment: Cautiously Bullish
โ MA(5) > MA(10) confirms strengthening short-term momentum.
โ Wide support zone between $0.0116โ$0.0132 adds price stability.
โ ๏ธ Breakout needed above $0.0148 to test $0.015+ zones.
โ ๏ธ Slightly low 24h volume may delay momentum unless buyer interest increases.
---
๐ฏ Trading Strategy Suggestions
Strategy Entry Range Target Stop-loss
Breakout Buy > $0.01485 $0.0155 โ $0.0160 Below $0.0140
Pullback Entry $0.0124 โ $0.0132 $0.0140 โ $0.0146 Below $0.0116
Swing Trade Accumulate $0.0125โ$0.0135 Sell into $0.0148โ$0.015 Stop at $0.0115
---
๐ง Summary
Velo (VELO) is currently in a bullish consolidation, with upward momentum supported by MA trends and solid structural support. A breakout above $0.0148 could confirm a move to higher zones, but traders should monitor volume closely.
#Velodrome #BTC110KToday? #StrategyBTCPurchase #NEWTBinanceHODLer #Write2Earn