Velo (VELO)

$VELO chart update

🔻Not much progress too, still in the descending channel, no breakdown, no breakout. RSI Bull cross not confirmed last week. https://t.co/KFfyyOoevY

Like I said, people will scare you, throw things at you and mess with your head when it comes the projects you hold.

I am disconnected and only focusing on the few handful who started the journey with me.

@veloprotocol is showing those signs again, when it all started, it kept brewing and brewing then it happened all at once. Level after level was taken out.
Study in these times when things are a mess, thats the best gift you can give yourself.

And another gift will be $VELO 🫳
As always DYOR, flip a couple of pages, read on CP Group, Lightnet. Understand the WHO behind the project.

Thank you for tuning in.
CH 🤍

Daily Chart Analysis of @veloprotocol | $VELO
The downtrend from the November highs was painful. No sugarcoating that.

But zoom into what has happened since February.
Price found a floor around $0.0031 - $0.0034.
Higher lows have been forming.
RSI was completely flushed and is now quietly recovering. The selling pressure that drove VELO from $0.0075 to these levels is visibly exhausting itself.

The line everyone needs to watch is $0.004605. That is the first real test. A clean break above that level and the conversation changes.

And remember what is behind this chart.

BlackRock's tokenised treasury fund integrated into VELO's ecosystem. The fundamentals have not changed. The chart is just catching up with reality.

$0.004605 is the number. Watch it closely.

Not financial advice. DYOR. 🤍

VELO - If you cant even fight for you LOVE then do you truly even know what LOVE is? 💖