VELO broke a multi-year downtrend and shows strong bullish technical patterns.
Volume decline suggests a powerful breakout may be approaching soon.
Partnership with Paxos boosts momentum toward the $1 target and beyond.
Everyone loves an underdog story, and Velo— VELO, might be writing the next big one. After years in the shadows, this token is clawing back attention. A historic downtrend finally broke. New bullish signs now point to an explosive rally. Fueling the excitement? A high-profile partnership with Paxos and a price structure that whispers, “I’m not done yet.” If you've been waiting for a real breakout setup, VELO just stepped into the spotlight.
https://twitter.com/JavonTM1/status/1933245517619695703 Breakout Structure Signals Something Big
From mid-2021 to late 2022, VELO struggled. Prices kept falling. Lower highs followed lower lows, trapping momentum under $0.005. A steep trendline captured the entire slump. But then came early 2023. VELO snapped the downtrend and launched higher. That move didn’t last, but it left a mark. The token settled into a tight range between $0.002 and $0.003. During this quiet phase, a new signal emerged. The volume oscillator curved upward—pressure began to rise. Traders noticed. VELO spiked to $0.009 briefly before dipping again.
But that dip came with a silver lining. The chart shows a pink-shaded zone. It reflects a long-term expansion phase that could reach $0.9528. Accumulation within this range hints at growing strength. This setup isn’t random—it’s technical storytelling in motion. The bullish story doesn’t end there. A rally to $0.0389 from $0.0025 confirmed renewed interest. That’s a 1,440% spike. Afterward, VELO retraced. Yet, the core structure remained intact. Bulls didn’t walk away—they regrouped. The current pattern suggests the next move may stretch far beyond $1.
Volume Hints at a Quiet Before the Storm
Another chart reveals the broader trend. Between 2021 and 2025, VELO began forming higher highs and higher lows. That’s classic bullish structure. Each push came with declining volume. Normally, this would spark concern—but here, it paints a different picture. Volume continues to fall while price keeps rising. This pattern usually comes before massive breakouts. When volume returns, price doesn’t walk—it runs.
Right now, VELO sits at $0.01735. A breakout to $0.900997 would bring a 5,089% gain. Numbers like that make even cautious traders lean forward. Adding to the mix, VELO just announced a collaboration with Paxos. That news alone stirred buzz. But when paired with this technical backdrop, it feels like a fuse has been lit.
VELO’s past was rocky. But the future looks like a rocket waiting for liftoff. The $1 mark isn’t a dream—it’s a real target backed by data, structure, and momentum. Now, with multiple green signals lighting the path, all eyes turn forward. VELO may have taken the scenic route, but the destination seems closer than ever.