$VELO Velo Protocol Market Update
Price trading at 0.0063924 after a controlled 3 percent pullback
Market cap steady at 112.28M with FDV at 153.42M
On chain liquidity at 1.10M with a massive holder base of 118202 wallets
15 minute chart shows a strong bearish continuation with momentum acceleration
Series of lower highs and lower lows confirms trend dominance
Current price hovering near the 0.00635 to 0.00640 demand pocket
Loss of this zone risks a sweep toward 0.00610
Volume expansion confirms active distribution not panic
MACD deeply negative showing bears remain in control
Reversal will require clear absorption and volume shift
High volatility environment
Trend traders in control
Patience required before the next decisive move
