• VELO’s Wave Trend Oscillator exits oversold, signaling a potential bullish reversal.
• Key support at $0.043-$0.05 holds as RSI shows weakening selling pressure.
• A breakout could trigger a massive rally, similar to past 1,500% gains.

Big moves often start quietly. Velo — VELO has spent months in a downtrend, shaking investor confidence. But a powerful shift just appeared on the charts. The Wave Trend Oscillator has climbed out of oversold conditions. This signal has marked key bottoms before. One of these triggered a massive 1,500% rally. Now, the same setup is forming again. Traders have a reason to pay close attention.

VELO Tests Critical Support as Indicators Turn Bullish

A descending channel has controlled VELO’s price action for months. A crucial support zone between $0.043 and $0.05 now faces a test. This area has triggered major reversals in the past. A strong bounce from this level could confirm a shift in trend. The Wave Trend Oscillator has delivered reliable buy signals before. Each time this pattern appeared, massive rallies followed. The current setup mirrors those past cycles.

A strong push from support could change market sentiment fast. The Relative Strength Index adds another bullish sign. A clear bullish divergence has formed, showing weakening selling pressure. This pattern often appears before major trend reversals. When sellers lose control, buyers step in aggressively. Momentum could be shifting in a big way.

Could VELO Repeat a 1,500% Rally?

History shows VELO can explode after hitting key bottoms. A past breakout saw gains of 1,500% after a similar setup. While no outcome is guaranteed, market patterns often repeat. The current structure suggests something big could be brewing. Breaking out of the descending channel would be a major event. Resistance between $0.06 and $0.07 could slow progress.

But a strong push through those levels could spark rapid gains. If buyers return with force, a breakout could trigger massive upside potential. A critical moment has arrived. The market could be setting up for a powerful move. Traders who act early often capture the biggest gains. Watching the next price movements closely could be crucial.

Momentum shifts happen quietly before exploding into action. VELO’s chart shows strong signs of a potential breakout. The Wave Trend Oscillator has flashed reliable signals in the past. This time, the setup looks just as promising. Key support levels are holding, and momentum indicators are turning bullish.

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