$VELO is holding its ground after a clean push and the structure still looks constructive.

Price is hovering around 0.00677 after tagging the local high near 0.00685. On the 15m chart, VELO is trading above MA7 and MA25, with MA99 far below acting as a strong trend base. This kind of compression usually signals a pause, not weakness.

As long as price holds above 0.00663, the bias stays bullish. A clean hold here can reload momentum toward 0.00690 and then 0.00720. If buyers lose 0.00663, expect a deeper pullback toward the 0.00650 demand zone where trend support sits.

Volume is stable, holders remain strong, and market structure is still higher lows. This looks like controlled consolidation, not distribution.

Velo Protocol

VELO

Alpha

0.0063973

-5.80%

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