VELO recently experienced a strong rebound from the demand zone of 0.0063-0.0065. As long as the key support at 0.0071 is maintained, the bullish momentum can remain intact, with the next target looking towards the 0.0076-0.0078 range. In such market conditions, a healthy pullback into the support zone often indicates that the upward trend will continue. Of course, any trading requires your own risk management.
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HashBandit
· 5h ago
ngl the support holds at 0.0071 otherwise this dumps like my gpu mining rig back in 2017... seen this setup a thousand times, scalability issues always catch up eventually
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ChainDetective
· 5h ago
0.0071 holding is probably going back to 0.0063, this rebound feels a bit fake.
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LidoStakeAddict
· 6h ago
0.0071 this support level really needs to hold, otherwise the previous rebound will be in vain.
VELO recently experienced a strong rebound from the demand zone of 0.0063-0.0065. As long as the key support at 0.0071 is maintained, the bullish momentum can remain intact, with the next target looking towards the 0.0076-0.0078 range. In such market conditions, a healthy pullback into the support zone often indicates that the upward trend will continue. Of course, any trading requires your own risk management.