$VELO PROTOCOL BREAKS OUT – AUDITED DEFI GEM EYES NEXT LEG
VELO surges +5.29% to $0.0058695, pushing through key resistance with heavy on-chain backing.
CRITICAL ON-CHAIN DATA:
· Market Cap: $103.09 Million
· On-Chain Liquidity: $1.03 Million
· Fully Diluted Valuation (FDV): $140.87 Million
· On-Chain Holders: 114,011 (Massive, decentralized holder base)
The daily chart shows a clean breakout above the Supertrend resistance at $0.0058978**. Price is now challenging the next hurdle at **$0.0061626. A major accumulation wallet (0xf486...f6fd46) is providing consistent buy pressure.
As an audited DeFi protocol with over 114,000 holders, VELO combines credibility with strong community distribution. The low liquidity relative to market cap signals potential for explosive moves. The path is clearing for a test of the $0.0062 zone. The momentum is building.
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